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re: Home ownership at 50 year low per ABC 20/20

Posted on 1/14/17 at 12:01 am to
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 1/14/17 at 12:01 am to
quote:

this identity of constant travel or relocation is a terrible symptom of the modern world.
As a person who has moved a bit on the past decade, I don't think this is an accurate description of what most people are doing. Sure we are more Transient, but most people aren't moving that frequently; they're just not staying in one spot from birth through death.
quote:

Humans are not meant to constantly develop new social circles, abandon them, and repeat the system ad nauseum
I don't feel like in present day society of social relationships is as great as it would have been before.

Obviously my personal experiences may he quite unique, but I feel like my "travels" have been more beneficially socially than if I had stayed put. While I'm still close with many of my high school and college friends, it's allowed me to meet people that share different interests. This has define to helped the quality and diversity of my friendships.
Posted by PNW
Northern Rockies
Member since Mar 2014
6193 posts
Posted on 1/14/17 at 12:04 am to
As a single college grad living on my own, albeit paying $1,100 monthly for a 2 bedroom flat in a ski town, why would I want to buy a house when I have the freedom to explore different areas of our vast country.

Screw settling down. Home ownership is overrated.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/14/17 at 12:09 am to
quote:

Home ownership is overrated.


truly is (And im an owner)

its a nebulous life goal the elite use to hold everyone down

"get a job, wife, and then buy A HOME" - so youre stuck in some miserable place for the next 20 years rotting away at a job you hate so you can pay off your mortgage: 'merika!
Posted by tigerskin
Member since Nov 2004
40108 posts
Posted on 1/14/17 at 12:09 am to
A recent single college grad isn't really expected to Own a home
Posted by HempHead
Big Sky Country
Member since Mar 2011
55439 posts
Posted on 1/14/17 at 12:09 am to
quote:

As a person who has moved a bit on the past decade, I don't think this is an accurate description of what most people are doing. Sure we are more Transient, but most people aren't moving that frequently; they're just not staying in one spot from birth through death.



Part of my opinion comes through the circles I've traveled in - I know many, many people who recoil at the thought of ever settling down, must constantly be exposed to new locales and people, and have no ambition to establish a real 'foundation'. This is all well and good, we need bohemians, but my fear is that this lifestyle has been marketed to such a great extent that it has become the ideal for many. Again, these fears may just be exacerbated by my accumulated social circles.

quote:

Obviously my personal experiences may he quite unique, but I feel like my "travels" have been more beneficially socially than if I had stayed put. While I'm still close with many of my high school and college friends, it's allowed me to meet people that share different interests. This has define to helped the quality and diversity of my friendships.



Absolutely - I can't denigrate my travels, other than some of my own poor (but fun as hell) decisions. I met a lot of different, brilliant folks - and some villains and shysters that would have never taught me discretion had I taken the regular path that was set for me.

Oddly enough, though, all of my closest friends are the ones who I can't recall not knowing. My best friends - and bandmates at this point, I suppose - I have known since I was 5, and they (brothers) 4 and 3. Similar stories for the other close confidants. I simply couldn't replace the kind of connection I had from people I grew up with, and whose parents grew up with mine, and their parents, etc.,
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 1/14/17 at 12:10 am to
quote:

A recent single college grad isn't really expected to Own a home
Not today, but I'm not sure that was as much of the case years ago (besides the fact more are in college).
Posted by HempHead
Big Sky Country
Member since Mar 2011
55439 posts
Posted on 1/14/17 at 12:10 am to
quote:

PNW



I smoked heroin in a boxcar with a bunch of train kids in your town.
Posted by McChowder
Hammond
Member since Dec 2006
5218 posts
Posted on 1/14/17 at 12:16 am to
No more job lock and no more house lock. Forward!
This post was edited on 1/14/17 at 12:20 am
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
20859 posts
Posted on 1/14/17 at 12:19 am to
quote:

Part of my opinion comes through the circles I've traveled in - I know many, many people who recoil at the thought of ever settling down, must constantly be exposed to new locales and people, and have no ambition to establish a real 'foundation'. This is all well and good, we need bohemians, but my fear is that this lifestyle has been marketed to such a great extent that it has become the ideal for many. Again, these fears may just be exacerbated by my accumulated social circles.


Agreed. It sounds awfully academic in the worst sense of the word, but consumer purchasing culture is now being challenged by a sort of consumer "authenticity" culture. If everyone has a real Tlingit salmon bake backpack psychedelic experience, does anyone?
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 1/14/17 at 12:24 am to
quote:

This is all well and good, we need bohemians, but my fear is that this lifestyle has been marketed to such a great extent that it has become the ideal for many.
And maybe my perspective is wrong, but I think this is still a small segment. Although many of my friends have moved across the country, very few have moved frequently, and when they do, it's usually for a reasonable reason (job opportunites).
quote:

I simply couldn't replace the kind of connection I had from people I grew up with, and whose parents grew up with mine, and their parents, etc.
Very reasonable. And I have those friends too; however, I've made some friends elsewhere where I can have deeper conversations about things like politics, religion, philosophy, etc. that I wouldn't be able to have with many of my childhood and even undergraduate friends.

For example, I struggle with the idea of faith (I'm agnostic) especially as I think about this as I raise my son (both my wife and I come from deeply Catholic families).

I have a friend from grad school (became a strong evangelical once he moved to TN, yet values my views) and a coworker (an atheist) who I can have deep conversations about this topic.

On the other hand, my wife drunkenly told my college roommate, who I hang out with regularly still, about my views and he was dumbfounded that a person could struggle with this. If I hadn't been able to make those friends from my travels, it would make this struggle more difficult.
Posted by HempHead
Big Sky Country
Member since Mar 2011
55439 posts
Posted on 1/14/17 at 12:24 am to
quote:

Agreed. It sounds awfully academic in the worst sense of the word, but consumer purchasing culture is now being challenged by a sort of consumer "authenticity" culture. If everyone has a real Tlingit salmon bake backpack psychedelic experience, does anyone?



I think I've always been tied up in being "authentic", "exploratory", and "counter-cultural", which, in these heady times, makes me want to settle down in my hometown and become a local patriarch.
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 1/14/17 at 12:25 am to
quote:

No more job lock and no more house lock. Forward!
Well in a free society, choices are a good thing.
Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 1/14/17 at 12:33 am to
The growing gig economy, and a lack of job security make it harder to commit to one place.

Throw in a recent housing bubble bursting still in people's memory, lots of folks simply view home ownership as a risk rather than a source of security.
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
20859 posts
Posted on 1/14/17 at 12:35 am to
quote:

I think I've always been tied up in being "authentic", "exploratory", and "counter-cultural", which, in these heady times, makes me want to settle down in my hometown and become a local patriarch.



It's the classic human experience. The vagabond yearns for the hearth. The stalwart family rock longs for the road.
Posted by HempHead
Big Sky Country
Member since Mar 2011
55439 posts
Posted on 1/14/17 at 12:36 am to
quote:

Throw in a recent housing bubble bursting still in people's memory, lots of folks simply view home ownership as a risk rather than a source of security.



I can see how homes could potentially viewed that way, despite it historically being a very sound appreciating asset.

But land? They don't make any more of that, as my grandfather used to tell me. Get as much as you possibly can. Maybe your podunk farm land bought 20 years ago suddenly becomes adjacent to new suburban development and acreage goes from 1,500 to 80,000 per acre.
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 1/14/17 at 12:36 am to
quote:

The growing gig economy, and a lack of job security make it harder to commit to one place.
Is there really that little log security (since we hit bottom)? Maybe we haven't created enough jobs (although record unfilled jobs this year), but it's not like people are losing them en masse right now, in general (some sectors are on a natural decline).
Posted by McChowder
Hammond
Member since Dec 2006
5218 posts
Posted on 1/14/17 at 12:49 am to
quote:

Well in a free society, choices are a good thing.

Ahhhh the freedom to work 2-3 part time jobs to makeup for the 1 full time job that paid more. Forward!
Posted by Teddy Ruxpin
Member since Oct 2006
39562 posts
Posted on 1/14/17 at 12:50 am to
quote:

Gone are the days when you could support a family on a single income, with nothing but a high school diploma.


I'm wondering if this is tongue in cheek or not. The thing is, we've massively increased our wants since the 1950s. Back then, one car, smaller homes, so on and so on. Now, households have more cars than drivers, etc. You need two incomes to support that material wealth.

People bitch that they can't support themselves on one income, but reality is, they don't want that life. They want a two income life, and that's ok, but stop bitching about it.
This post was edited on 1/14/17 at 12:51 am
Posted by Teddy Ruxpin
Member since Oct 2006
39562 posts
Posted on 1/14/17 at 12:53 am to
quote:

It's the classic human experience. The vagabond yearns for the hearth. The stalwart family rock longs for the road.


What is the saying? Every married(?) guy wants to be single, every single guy wants to be married, or something along those lines?

Grass is always greener always works for every situation
Posted by HempHead
Big Sky Country
Member since Mar 2011
55439 posts
Posted on 1/14/17 at 12:54 am to
shite, man, I've already smoked all the grass. Both sides of the fence.
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