re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks

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I’m a boomer. Why would I want millenials not to own a home? None of us are against you owning homes. The reason a lot of you can’t afford homes is because many of you don’t even start a serious career until you are 30; we started at 23 at the latest. And you would not live in the houses we were cool with as starter houses.

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I’m gen X but not sure why posters have a problem with this, it is very true. I also hear from younger folks that “unless we want to live in bad area” excuse. Well, most of us moved to shitty neighborhoods and houses when we moved out. I mean I worked multiple jobs from 1990 all the way to 2017. It’s not as much different now than what it use to be. My rent was $250 in early 90s but I was also making less than $5 an hour. I also didn’t have tv or phone, even back then people said that’s crazy, but I had to eat.

Saying all that I was happy as frick. Can’t imagine laying the blame on prior generations. The opportunities people have now are incredible


Eta: As far as working 2 jobs many of those years was being a firefighter so we all do. I did prior to becoming one also to have spending money for my then gf now wife to take out to eat and trips. I’m not an advocate for working all the time. It just depends on what your goals are. My daughter and son n law work one job, live in Houston, and do great



Eta 2: Daughter is physical therapist and SIL does hvac. They bought a house in Houston proper 3 years ago