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re: The High Cost of a Home Is Turning American Millennials Into the New Serfs
Posted on 8/21/17 at 4:42 pm to GreatLakesTiger24
Posted on 8/21/17 at 4:42 pm to GreatLakesTiger24
quote:
The High Cost of a Home
bullshite. They just refuse to live within there means.
I've seen picture of the house my parents had until I was 5. It was a tiny 1 story shithole starter home way out in the suburbs.
Millennial dips hits keep trying to match the lifestyle their 50/60yr old parents currently have. Not possible morons.
13
Posted on 8/21/17 at 4:46 pm to Breesus
quote:
It was a tiny 1 story shithole starter home way out in the suburbs.
Nobody is building small homes like that anymore.
Posted on 8/21/17 at 4:46 pm to Breesus
quote:
Millennial dips hits keep trying to match the lifestyle their 50/60yr old parents currently have. Not possible morons.
I don't think this is true at all. I think the big McMansion/boat/car/beach home is not something younger generations value.
Posted on 8/21/17 at 4:47 pm to Breesus
quote:
Millennial dips hits keep trying to match the lifestyle their 50/60yr old parents currently have. Not possible morons.
Posted on 8/21/17 at 4:52 pm to Breesus
quote:
bullshite. They just refuse to live within there means.
I've seen picture of the house my parents had until I was 5. It was a tiny 1 story shithole starter home way out in the suburbs.
Millennial dips hits keep trying to match the lifestyle their 50/60yr old parents currently have. Not possible morons.
This. this generation wants the house, SUV, boat, and lifestyle they parents finally got to achieve when their kids moved out of the house., but they want it a 24
Posted on 8/21/17 at 5:02 pm to Breesus
quote:
I've seen picture of the house my parents had until I was 5. It was a tiny 1 story shithole starter home way out in the suburbs.
Solid sample size, and insight. Will bookmark to show those millyneals when I hear them bitching.
Posted on 8/21/17 at 5:05 pm to Breesus
Most millennials don't want things - they surely don't want a McMansion in the burbs.
Most of them don't go to private school and run up debt for stupid majors. Most just want to go to LSU before the state legislature (hey - guess what generation they are part of) decided it no longer gives a shat about education.
Yes... some of the millennials eat way too much avocado toast and act like spoiled little turds - but that's a small percentage of the group. Most of them want to start moving up the corporate ladder - but they are blocked by the 55 and 60 year olds who just realized they need to start saving for retirement.
Most of them don't go to private school and run up debt for stupid majors. Most just want to go to LSU before the state legislature (hey - guess what generation they are part of) decided it no longer gives a shat about education.
Yes... some of the millennials eat way too much avocado toast and act like spoiled little turds - but that's a small percentage of the group. Most of them want to start moving up the corporate ladder - but they are blocked by the 55 and 60 year olds who just realized they need to start saving for retirement.
Posted on 8/21/17 at 5:43 pm to Breesus
quote:
bullshite. They just refuse to live within there means.
A) it's "their means"
B) not sure if you've followed the housing market lately, but it's gone buck shite wild again, especially in Louisiana. You can't get a decent house in a good neighborhood in BR for under 200k. Closer to 250k
A single guy/girl or even a young couple just starting out can't normally afford to drop that kind of coin for a house.
Posted on 8/21/17 at 5:53 pm to Breesus
quote:
bullshite. They just refuse to live within there means.
I've seen picture of the house my parents had until I was 5. It was a tiny 1 story shithole starter home way out in the suburbs.
You realize that in my area that house is worth $300k right?
Posted on 8/21/17 at 6:10 pm to Breesus
quote:
I've seen picture of the house my parents had until I was 5. It was a tiny 1 story shithole starter home way out in the suburbs.
Neighborhood demographics have changed substantially. Programs like HUD means that many starter home areas are now full of crime. The market also makes a huge difference.
I had a great starter home in NE Texas for <$130k. When I moved back to BR a couple of years ago, my realtor laughed at me when I wanted to look at houses in that price range. He said that he wouldn't feel comfortable selling me a home in those areas. Comparable neighborhoods to what I had before started at $200k.
Posted on 8/22/17 at 6:50 am to Breesus
quote:
Bull shite. They just refuse to live within there means.
They want to spend their money on things other than living space. No idea about finances or how to manage money.
Posted on 8/22/17 at 8:42 am to Breesus
quote:
bullshite. They just refuse to live within there means.
I've seen picture of the house my parents had until I was 5. It was a tiny 1 story shithole starter home way out in the suburbs.
Millennial dips hits keep trying to match the lifestyle their 50/60yr old parents currently have. Not possible morons.
Did you read the article? That is what it said they were doing. Heading out of the dense urban areas where housing is too expensive for low incomes and going out to where they can find lower priced homes.
Posted on 8/22/17 at 9:36 am to Breesus
Breesus, not defending some people's poor choices, but let's look at New Orleans. Where are you going to find a reasonably priced house in a not shite area in NOLA? Looking at areas with decent public schools you are severely limited in your choices. So you can send your kids to pricate school at the cost of college tuition to save money on your house.
So do people make poor choice buying $500k houses straight out of college? Yes. But let's be honest about how difficult it is to find a reasonably priced home in a reasonably good area. It's why I've been commuting from Hammond to various places in BR and the south shore for the last decade.
So do people make poor choice buying $500k houses straight out of college? Yes. But let's be honest about how difficult it is to find a reasonably priced home in a reasonably good area. It's why I've been commuting from Hammond to various places in BR and the south shore for the last decade.
Posted on 8/22/17 at 10:47 am to Breesus
quote:
It was a tiny 1 story shithole starter home way out in the suburbs
These don't exist in suburbs anymore. A house like this is in the hood.
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