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re: The ‘growing crisis of the young American male’ could send home prices falling for years
Posted on 4/3/24 at 11:13 am to ragincajun03
Posted on 4/3/24 at 11:13 am to ragincajun03
I would vote for Biden if he promised us govtgfs
Or maybe force us to marry an onlyfans chick and deport us to the colonies
Or maybe force us to marry an onlyfans chick and deport us to the colonies
0
Posted on 4/3/24 at 11:13 am to RogerTheShrubber
quote:
There are fewer competent males, so those competent males get the girls and houses.
Yep. They don't want men who play video games or post on message boards all day.
Posted on 4/3/24 at 11:16 am to VolSquatch
quote:
Young men get a shite deal these days, I don't blame them for dropping out of or rejecting society nowadays honestly.
Weak Men like you have kids and teach them to be pathetic like this. I absolutely do blame men “dropping out”.
It’s a disgrace
Posted on 4/3/24 at 11:16 am to El Segundo Guy
quote:
No wonder these guys bitch about not being able to find a girlfriend worth a shite. No young woman wants to date a guy in his 20s living with mommy and daddy.
True, but they have no problem dating a married guy living with his wife and kids…
Posted on 4/3/24 at 11:18 am to El Segundo Guy
quote:
You don't have to spend $400k to not live with mommy and daddy.
Or you can say "damn this sucks I'm 18 and living at home" like I did and joined the military
So live with mom and dad (last resort 10/20 years ago) or join the military (last resort 10/20 years ago)
The gap to "live" or have "options" is shrinking unless you truly have connections or networking abilities.
It doesn't help that younger men can work 50-60 hour weeks and get bitched at for not working 61 hours. All while that boss will send a days worth of salary to a chick for her feet pics.
Posted on 4/3/24 at 11:18 am to Commandeaux
quote:
The elephant in the room is the white male suicide /overdose rate that's skyrocketing.
lack of individual fulfillment. Chasing stereotypes and material dreams.
Posted on 4/3/24 at 11:19 am to fallguy_1978
quote:
If so many young men are single, how are there not just about the same number of single women?
Women are important to the climate change plans. Boys are irrelevant to this plan. Give women education/careers and expensive stuff and they'll pass on children/families.
Posted on 4/3/24 at 11:19 am to zadams_318
quote:
As an unmarried 26 year old male, I'm not living at home but I'm also not a homeowner. Young men aren't living at home, they are just renting someone else's house or in an apartment. I make a decent salary for a young adult, and there's no way I would buy a 1700 sqft house for $400,000 like the market is forcing buyers to do today. Young men being smart with their money isn't a crisis. The value of the dollar falling by 31% over the last decade and a 6% federal interest rate is the crisis.
Single 31 year old here. I have a decent job (hopefully about to have a much better paying one soon), good credit and could probably put enough for a down payment if I budgeted more these next few months.
But inflation has absolutely crushed me and so many other young men these last few years. Every home for sale around me is in the 400k range and is either near or in a hood or is so far away from where I work that I wouldn’t realistically consider it. I have no intention on buying an overpriced condo so I can have the same amenities as my current apt complex while also dealing with the expenses of ownership. I also don’t want to live in some 3 story townhome that shares walls with the people around me. So I’ll keep stacking money in my current place and see if an opportunity comes along in the next year or two that would make me jump the gun on buying a house.
But i have very little faith in housing improving even if we kick Biden out of office. There are to many immigrants in this country willing to live 8 people in a home who will pay exorbitant rent. We have Private Equity firms that bought something close to 40% of the homes for sale last year. Lastly (and the OT is going to HATE me for this take) there are to many rich people who buy up homes to rent them out for passive income. When you couple these 3 things together it’s not hard to figure out why there is a home ownership crisis amongst men my age.
This post was edited on 4/3/24 at 11:20 am
Posted on 4/3/24 at 11:20 am to ragincajun03
So, for years now they have shown nothing but hostility for young males, especially young white males, they've blamed them for every ill in the world, denigrated them ceaselessly, pretty much cut them off from all opportunities in favor of females, minorities, etc. and now they're saying "huh, young males are struggling".
That's pretty amazing in the most disappointing way
That's pretty amazing in the most disappointing way
Posted on 4/3/24 at 11:20 am to Townedrunkard
quote:
True, but they have no problem dating a married guy living with his wife and kids…
It's obviously wrong and fricked up.
But they're searching for men that have autonomy and their own shite. The men their age are living with mommy and daddy.
Posted on 4/3/24 at 11:20 am to tiggerthetooth
quote:
Give women education/careers and expensive stuff and they'll pass on children/families.
The modern Bread and Circuses.
Posted on 4/3/24 at 11:20 am to SloaneRanger
quote:
Could be true for people that speculated, went the AirBnB route, etc. But mostly, buyers during Covid locked in extremely low rates and have already seen big increases in home values. I was in the market in 2020, and based on what I was looking at, prices are a lot higher now.
Our old neighbor sold his house during Covid for exponentially more than he paid for it just a few years prior, which we thought would never be beat. Welp. New owners kept it like 1-2 years and just sold it a few weeks ago for $35k more than they paid.
Our old house next door is closing soon full cash sale being purchased by parents sending their kid to LSU for her to live in. Now it did sit for a full year before serious offers came in, but still pretty crazy considering interest rates/economy.
This post was edited on 4/3/24 at 11:23 am
Posted on 4/3/24 at 11:27 am to ragincajun03
quote:
“I think you’re going to start to see housing prices begin a multi-year/decade decline, just due to supply/demand dynamics,” Whitney said. “So you’ve had a demand, supply imbalance: more demand, less supply. And I think that’s going to invert.” So what that means is supply will then outweigh demand, which is why she sees home prices falling for years.
Disagree, because PE firms will continue snapping up homes with cash offers and turning them into rental properties.
Posted on 4/3/24 at 11:27 am to ragincajun03
quote:
twice as likely to live at home than women. So one out of five young men live at home with their parents, and these aren’t young men going to college and coming home for holiday breaks, these are young, grown men choosing to live at home,” Whitney told CNBC this morning.
I am 54 and have thought about moving to live with my dad. Not over costs but to enjoy the next few, last quality of life years he has. If my kids didn't live so far from where he is it would be a done deal.
I still spend a lot of time visiting.
Posted on 4/3/24 at 11:31 am to Nigel Farage
quote:
We have Private Equity firms that bought something close to 40% of the homes for sale last year.
Wasnt this proven to be fake news?
quote:
Lastly (and the OT is going to HATE me for this take) there are to many rich people who buy up homes to rent them out for passive income
This isnt some new phenomenon
Posted on 4/3/24 at 11:35 am to LouisianaLady
quote:
purchased by parents sending their kid to LSU for her to live
Smart if you have the liquidity to do it. Then her younger siblings can use it. Then you sell for a profit, or keep renting it to LSU students.
Posted on 4/3/24 at 11:35 am to ragincajun03
Damn happy to have purchased before Covid with a low interest rate in place. You’ll have to cart away my cold lifeless meat sack to get me out of this house and I’m not talking about my cock and balls.
Posted on 4/3/24 at 11:36 am to El Segundo Guy
quote:they're mostly fat and have kids by 22
If you get out of cities and talk about rural flyover country, there are tons of normal young women.
Posted on 4/3/24 at 11:41 am to Sam Quint
quote:
we now live in an america where if someone cant afford a house, they are being oppressed unless they’re white. or if they arent able to pay their note, they are being oppressed unless they’re white.
FIFY
Posted on 4/3/24 at 11:43 am to go ta hell ole miss
quote:
But, as the article notes, single men are more likely to live at home while single women are more likely to buy their own house
The only way I can believe this is that these single women are getting mom and dad to buy them a house. Otherwise I think we as men need to fight for equality because the gender pay gap is clearly hurting us.
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