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Started By
Message
re: Corcoran CEO: Gen Z must stop buying Starbucks to afford to buy a house
Posted on 10/28/25 at 4:30 pm to DrrTiger
Posted on 10/28/25 at 4:30 pm to DrrTiger
quote:
You said Gen Z would buy small houses if they were affordable, and then said nobody is buying as many small houses as Gen Z.
If they're buying them, by definition, they must be affordable.
Congrats, you may have said something dumber than stout in this thread. Something I wasn’t sure possible
0
Posted on 10/28/25 at 4:31 pm to Dire Wolf
quote:
Then when you have kids, budget ~20-30k for daycare and prey the school zone you are in isn’t complete shite
Just have the wife stay home until the kids are old enough to go to the public school that totally isn't a ghetto hellhole. The family of 5 can live off of dad's salary while mom stays home, takes care of the kids, cooks and cleans, right?
Posted on 10/28/25 at 4:32 pm to DrrTiger
quote:That is the stulidest thing I have ever heard
You said Gen Z would buy small houses if they were affordable, and then said nobody is buying as many small houses as Gen Z. If they're buying them, by definition, they must be affordable.
According to you buying an nfl team is affordable
Posted on 10/28/25 at 4:33 pm to Ingeniero
quote:
Congrats, you may have said something dumber than stout in this thread. Something I wasn’t sure possible
Yawn. You've been proven wrong so many times on this board that it's honestly a compliment when you disagree with, well, anything.
Posted on 10/28/25 at 4:35 pm to lsupride87
quote:
According to you buying an nfl team is affordable
To the person buying it, it is. Do you disagree?
Posted on 10/28/25 at 4:39 pm to DrrTiger
quote:
Yawn. You've been proven wrong so many times on this board that it's honestly a compliment when you disagree with, well, anything.
Link?
This post was edited on 10/28/25 at 4:41 pm
Posted on 10/28/25 at 4:39 pm to htran90
quote:
Bro - I don't even drink Starbucks (home coffee and hospital coffee) and I couldn't afford a house in training.
Same. I make my coffee at home every single day and meal prep/cook at home for 80-90% of my meals
Posted on 10/28/25 at 4:40 pm to stout
What's amazing to me is how few people know how easy it is to buy a house. GenZ could have a house by they time they are 25 with a little discipline. With all the down payment assistance and FHA programs out there...not to mention the rural development stuff. It's stupid easy.
BTW - I didn't buy my first home until I was 28.....and we did it on a shoe string.
BTW - I didn't buy my first home until I was 28.....and we did it on a shoe string.
Posted on 10/28/25 at 4:42 pm to kennypowers
quote:
GenZ could have a house by they time they are 25 with a little discipline.
You expect them to give up DoorDash and Instagram vacations? This isn't North Korea, man.
Posted on 10/28/25 at 4:46 pm to stout
It’s kind of a trivial example, but the sentiment is absolutely true. Most people never get to experience the power of compounding because they never build their nest egg.
In the words of the late Charlie Munger, “when I was a kid people saved before they spent. Now people spend before they pray.”
In the words of the late Charlie Munger, “when I was a kid people saved before they spent. Now people spend before they pray.”
Posted on 10/28/25 at 4:48 pm to DownSouthJukin
quote:
She’s not wrong.
Coming from an eight figure salary CEO it hits like "let them eat cake."
Posted on 10/28/25 at 5:19 pm to Ingeniero
quote:
So true! If you skip spending $5 a day on coffee and instead invest that into the stock market at a 10% return, it would only take you 20 years to afford the down payment on the median New York home. Gen Z is just stupid!
Well if you started this at 18 yrs old you’d be buying a home in your 30s which is pretty normal. Add in cutting other expenses too and you could do it sooner.
Posted on 10/28/25 at 5:27 pm to deltaland
Yep. There will be ones here only responding to her literal statement about Starbucks and not the broader concept of frivolous discretionary spending. And, no matter what, it will be the Boomers fault.
Posted on 10/28/25 at 5:48 pm to deltaland
quote:
Well if you started this at 18 yrs old you’d be buying a home in your 30s which is pretty normal.
Normal compared to what? Buying your first home in your late thirties is historically very abnormal.
For example, your generation bought their first house nearly a decade sooner, on average.
Posted on 10/28/25 at 5:50 pm to SoFla Tideroller
quote:
not the broader concept of frivolous discretionary spending.
Because by and large this is not even remotely close to the biggest factor in why young people are not buying homes. Literally every statistic bears this out, but I guess your feelings will always have more sway.
Posted on 10/28/25 at 5:56 pm to JohnnyKilroy
quote:
Because by and large this is not even remotely close to the biggest factor in why young people are not buying homes. Literally every statistic bears this out, but I guess your feelings will always have more sway.
Just don’t buy a cell phone and have internet bruh, it’s easy
Posted on 10/28/25 at 5:57 pm to Ingeniero
quote:
Just have the wife stay home until the kids are old enough to go to the public school that totally isn't a ghetto hellhole. The family of 5 can live off of dad's salary while mom stays home, takes care of the kids, cooks and cleans, right?
I mean if the dad is pulling in ~200k depending on the area
Posted on 10/28/25 at 6:04 pm to SoFla Tideroller
quote:Lmao. People certainly spend money on dumb, unnecessary stuff.
Yep. There will be ones here only responding to her literal statement about Starbucks and not the broader concept of frivolous discretionary spending. And, no matter what, it will be the Boomers fault.
But ignoring the fact that the cost of basic necessities has grossly outpaced income increases since when you were trying to do it makes you an idiot, not an enlightened geezer.
Posted on 10/28/25 at 6:09 pm to SoFla Tideroller
quote:
tarbucks and not the broader concept of frivolous discretionary spending.
Our entire bullshite economy is built on frivolous discretionary spending.
If we all stopped buy coffees and going out to dinner and buying stupid yall would bitch because the economy would grind to a halt.
Posted on 10/28/25 at 6:14 pm to Btrtigerfan
quote:
Subscription services come to mind.
They are completely braindead when it comes to their spending habits. Just look how many of them are furiously down-voting the OP.
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