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re: Great YT video "How the US Is Destroying Young People’s Future"

Posted on 5/7/24 at 2:06 pm to
Posted by JiminyCricket
Member since Jun 2017
3604 posts
Posted on 5/7/24 at 2:06 pm to
quote:

I really don’t understand why the millennial plight hasn’t captured the hearts and minds of the older generations. I mean, just look at how sympathetic all of you come across.



Oh shut the frick up. You've been insufferable for 20 pages now. Eat a dick.
Posted by poochie
Houma, la
Member since Apr 2007
6328 posts
Posted on 5/7/24 at 2:07 pm to
quote:

YOU CANNOT USE DEBT TO BUY THE FIRST HOUSE BECAUSE THE HOUSES COST MORE THAN YOU CAN GET APPROVED FOR IN THE FIRST PLACE!


of course you can. now, you can't get much credit if you're a barista or drive uber, that's true. it all goes back to the foundation you built post high school.
Posted by JiminyCricket
Member since Jun 2017
3604 posts
Posted on 5/7/24 at 2:08 pm to
Hey pooch, eat the same dick DrrTiger is eating too. Frick you
Posted by imjustafatkid
Alabama
Member since Dec 2011
50663 posts
Posted on 5/7/24 at 2:09 pm to
quote:

I have a home. Again, you boomers think if someone recognizes a problem it must mean they're personally harmed by it. I am not, I have a home. I just recognize it's a crappy situation for others.


I'm a millennial.

This is the easiest time in our nation's history to get approved for a mortgage. Unless you have just completely destroyed your credit, you can get approved to buy a house (especially as a first time home buyer).
Posted by JiminyCricket
Member since Jun 2017
3604 posts
Posted on 5/7/24 at 2:09 pm to
quote:

This is completely false. You are a moron.



Okay then, you tell me how to "use debt" to buy a house if you can't get approved for a loan in the first place?
Posted by Dairy Sanders
Member since Apr 2022
928 posts
Posted on 5/7/24 at 2:09 pm to
Two biggest things that destroyed our country were the creation of the Federal Reserve and coming off the Gold Standard. We had very little national debt and only went to war when absolutely necessary before the first and inflation has severely taken off since the second.

The Federal Reserve needs to be abolished immediately. The first few years after would suck but the decades and centuries after will be significantly better.
Posted by poochie
Houma, la
Member since Apr 2007
6328 posts
Posted on 5/7/24 at 2:09 pm to
quote:

Hey pooch, eat the same dick DrrTiger is eating too. Frick you


i'm good. i had a great foundation that i worked hard on adn didn't take no for an answer and now i sit on fat stacks.
Posted by DrrTiger
Louisiana
Member since Nov 2023
368 posts
Posted on 5/7/24 at 2:09 pm to
quote:

Eat a dick.


The participation trophy generation, ladies and gentlemen.

Posted by imjustafatkid
Alabama
Member since Dec 2011
50663 posts
Posted on 5/7/24 at 2:10 pm to
quote:

Okay then, you tell me how to "use debt" to buy a house if you can't get approved for a loan in the first place?


No one will be able to do this. Getting approved is easier than it's ever been outside of perhaps right before the 2008 crash.
This post was edited on 5/7/24 at 2:11 pm
Posted by poochie
Houma, la
Member since Apr 2007
6328 posts
Posted on 5/7/24 at 2:10 pm to
quote:

Okay then, you tell me how to "use debt" to buy a house if you can't get approved for a loan in the first place?


why can't you get approved for a loan?
Posted by Dairy Sanders
Member since Apr 2022
928 posts
Posted on 5/7/24 at 2:10 pm to
quote:

I'm a millennial. This is the easiest time in our nation's history to get approved for a mortgage. Unless you have just completely destroyed your credit, you can get approved to buy a house (especially as a first time home buyer).


You sweet sweet summer child.
Posted by Dire Wolf
bawcomville
Member since Sep 2008
36710 posts
Posted on 5/7/24 at 2:10 pm to
quote:



2/3 1146sf $154k

more...

2/2 1096sf $185k

2/2/980sf $160k



2/3 of these have tax assessments that have gone down in the last 5 years.

you are probably better off keeping your downpayment money in a fund and renting
Posted by imjustafatkid
Alabama
Member since Dec 2011
50663 posts
Posted on 5/7/24 at 2:11 pm to
quote:

You sweet sweet summer child.


Sorry I follow the market and know what I'm talking about?
Posted by JiminyCricket
Member since Jun 2017
3604 posts
Posted on 5/7/24 at 2:11 pm to
quote:

why can't you get approved for a loan?


I did. Lots of others can't.
Posted by Louie T
htx
Member since Dec 2006
36321 posts
Posted on 5/7/24 at 2:11 pm to
quote:

now i sit on fat stacks.
Posted by poochie
Houma, la
Member since Apr 2007
6328 posts
Posted on 5/7/24 at 2:12 pm to
quote:

2/3 of these have tax assessments that have gone down in the last 5 years.

you are probably better off keeping your downpayment money in a fund and renting


so i'm batting .333. I'll take it!

you don't need all the houses, just one. congrats and welcome to the club.
Posted by Freauxzen
Utah
Member since Feb 2006
37401 posts
Posted on 5/7/24 at 2:12 pm to
Simple question: should you try and make things easier for the next generation to gain wealth and grow family, values, culture, or not? Or does none of that matter?
Posted by imjustafatkid
Alabama
Member since Dec 2011
50663 posts
Posted on 5/7/24 at 2:12 pm to
quote:

you are probably better off keeping your downpayment money in a fund and renting


This could definitely be a solid option that could work for some folks. There's something to be said for not having to pay for your own house repairs.
Posted by poochie
Houma, la
Member since Apr 2007
6328 posts
Posted on 5/7/24 at 2:13 pm to
quote:

Lots of others can't.


ok, why?

lets talk through it instead of just telling people to ingest multiple engorged peni.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50663 posts
Posted on 5/7/24 at 2:13 pm to
quote:

Lots of others can't.


Only if they destroyed their own credit.
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