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

Posted on 8/23/17 at 10:58 am to
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 8/23/17 at 10:58 am to
quote:

My area, Birmingham, Memphis, Philadelpia, and everywhere else I've lived and worked. Your problem is you only have your data and zero context to go with it. I can read the same data and also apply personal experience of having worked on homes and residential remodels in those areas. Someday when you really grow up and stop being the usual idiotic Google-has-all-my-answers millennial you'll understand why just citing data you had no hand in compiling and no real experience to interpret in depth is never going to make an intelligent argument.


You just argued that people aren't tearing down 1950s homes. I can drive down the street and watch people tear down 1950s homes. I don't need google to enlighten me that you are rejecting reality.
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 8/23/17 at 10:59 am to
Also I can link any number of newspaper articles about tearing down starter houses. They come from newspapers all across the country.
Posted by Clames
Member since Oct 2010
16711 posts
Posted on 8/23/17 at 11:51 am to
quote:

You just argued that people aren't tearing down 1950s homes. I can drive down the street and watch people tear down 1950s homes. I don't need google to enlighten me that you are rejecting reality.


I can drive down the street and see For Sale signs on 1950's houses for under $120k. I worked on a remodel of a 1930's home in a north-west Philly area that was purchased for $80k and there were 4 others in the same block all under $100k. Reality is that too many millennials are too stupid and too lazy to work on such things (oh but they tell themselves they are the smartest generation yet). They want instant gratification and can't be bothered to set aside the little pleasures for something of real value that is 10+ years of effort and investment away. For every one of your examples I have 10 of mine, I work in this business, I talk with Realtors, I look for homes worth investing in for rental or flipping for myself and for others. But you kids do what you want to do and make all the excuses you want...
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