re: Monthly mortgage payment based on a median existing home is now at a record $2,322

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Now compare your story to someone who chooses a job that has little room for advancement. Low skill low training jobs.

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But these jobs don’t exist for everyone. That’s the whole point. Not everyone can be a Doctor, Lawyer, CPA or engineer. And even in the business world the people in power aren’t retiring. They keep working for longer and longer, which just delays the younger generations salary progression.

We need store managers, teachers, truckers, etc. To quote one of my favorite movies, “The world needs ditch diggers too.” It’s them that are being left behind.

I’m not saying the younger generation doesn’t have some issues. We do. But just to say we need to suck it up is just so cold sounding. It isn’t as easy to pull yourself up by your boot straps anymore.

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And you know this because you go and buy starbucks everyday.

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No, only on the weekends. However, you can see them walking around drinking the shite.

Most popular starbucks drinks

Again, this really is relevant to the thread. Carry on.

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....and most people aren't. They are getting some venti 3500 calorie drink and bagel.

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most people aren't going to starbucks everyday or even weekly.

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No one thinks they are owed anything, but this notion that abstaining from starbucks and bringing your own lunch to work offsets the grand canyon sized gap between how far costs have risen versus wages over the last 20 year is utter nonsense.

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So sensible! It’s so easy (and fun) to make fun of the generations stuck in this awful predicament. Rightfully so in some cases. But decreasing wasteful spending can’t nearly offset the gap between costs and wages.

Some people eat out when they should make rice and beans, have kids wearing $70 Nikes when they should be wearing Pro-wings from Payless like back in the day.

Some are even buying $250 balloon arches for kid parties bc they see it on IG. But, these financial morons are also in a way crappier position than the ones before them. They could read “The Millionaire Nextdoor”, apply all the concepts to being frugal and still have difficulty buying a decent house and having much of anything left over. Especially in LA with insurance.

There’s also a lot of making fun of excessive student loans people take out, but I bet there’d also be a lot of bitching about the shortage of healthcare workers etc., if all the students wised up.

To fix the problems, we kind of all have to admit there’s a problem.

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Probably buying $10 bottles of water too.

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I buy my water at Starbucks. It costs what it cost

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Thanks to the absolute worst president we’ve ever had. FJB

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He certainly hasn't helped, but this situation has been worsening over the course of the last 4 presidents.

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Old people and Roger

“Stop complaining. Everyone has gone through this”

While completely ignoring all data in thread

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yup

That is the most underwhelming 6 million dollar house I have ever seen

Same. Something needs to be done to protect homeowners. No homeowner should lose their home due to insurance increases. I see it happening.

Will be keeping my 1200 mortgage




Wife sent me a house that we probably could have swung 3 years ago. Estimated mortgage was $2600. Hard no