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re: The High Cost of a Home Is Turning American Millennials Into the New Serfs

Posted on 8/21/17 at 6:14 pm to
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32817 posts
Posted on 8/21/17 at 6:14 pm to
quote:

150k, which is a typical price point for a first time buyer.

I don't know now a single person who spent 150k on their first home, unless you are talking about people who live in a trailer (which is going to be less than 150k)
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
262142 posts
Posted on 8/21/17 at 6:14 pm to
quote:

don't know now a single person who spent 150k on their first home,


Maybe this is their problem.
Posted by jdeval1
Member since Dec 2009
7525 posts
Posted on 8/21/17 at 6:17 pm to
quote:

I don't know now a single person who spent 150k on their first home

We spent about 105k on our first home in '06. It was in the sticks near Walker and I seriously doubt it's worth 150k now.
Posted by pvilleguru
Member since Jun 2009
60453 posts
Posted on 8/22/17 at 12:54 pm to
quote:

I don't know now a single person who spent 150k on their first home,

I bought my 1st home around 2012/13, 2.5 years after college, for 120k. 1580 sf, 2 bed, 2 bath.
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