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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 4:48 pm to
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 8/21/17 at 4:48 pm to
quote:

I don't think this is true at all. I think the big McMansion/boat/car/beach home is not something younger generations value.



Travel and new experiences are what we like to spend money on more than anything. And not luxurious travel, just travel in general.

Not a lot of people putting down roots.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75269 posts
Posted on 8/21/17 at 4:50 pm to
Which is great. So many people back in the day were affixed to this notion of staying at the same job for 40 years and same house. Times have drastically changed. Thank goodness.
Posted by Lsut81
Member since Jun 2005
80232 posts
Posted on 8/21/17 at 8:44 pm to
quote:

Travel and new experiences are what we like to spend money on more than anything. And not luxurious travel, just travel in general. Not a lot of people putting down roots.


Agree 100%

I've fallen in love with traveling the last year or so... 10 personal trips and it's been great.

Actually debating on selling my house, investing the equity, and renting, so that I'm not tied to a single location.
Posted by Friscodog
Frisco, TX
Member since Jul 2009
4481 posts
Posted on 8/22/17 at 2:15 pm to
quote:

Travel and new experiences are what we like to spend money on more than anything. And not luxurious travel, just travel in general. Not a lot of people putting down roots.


So are you saying Millennials don't have a money problem?
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