- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Corcoran CEO: Gen Z must stop buying Starbucks to afford to buy a house
Posted on 10/28/25 at 1:01 pm to RogerTheShrubber
Posted on 10/28/25 at 1:01 pm to RogerTheShrubber
quote:
Another geographic retard.
Same drunk lying idiot
1
Posted on 10/28/25 at 1:02 pm to RogerTheShrubber
quote:
quote:
Notify when someone replies
Posted on 10/28/25 at 1:02 pm to Mingo Was His NameO
quote:
Same drunk lying idiot
You;ll grow out of it..
quote:
Mango
Oops. no chance of that, shorty
Posted on 10/28/25 at 1:03 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!
More bootstrapping, like Trump did it!
Posted on 10/28/25 at 1:04 pm to stout
Just imagine. You could live like a pauper for 10 years to afford a down payment on a house to live in Like a pauper because you can barely afford the note/insurance/maintenance on.
Meanwhile the boomers you bought it from will enjoy the 300k profit they made on the 60k investment they made back in 1990.
Oh you’ll also still have to spend 100k updating the house you bought.
Meanwhile the boomers you bought it from will enjoy the 300k profit they made on the 60k investment they made back in 1990.
Oh you’ll also still have to spend 100k updating the house you bought.
This post was edited on 10/28/25 at 1:05 pm
Posted on 10/28/25 at 1:21 pm to Mingo Was His NameO
quote:
And before “YOURE JUST POOR” I made $100k at 26 and bought my first home at 27. I just have enough of a brain to realize I’m not the median
No I'm actually pretty sure that you've been so well off you're out of touch to what can or can't be given up to afford a home. My wife and I got married, and had enough for a down payment, plus have savings left over for eventual repairs and needed improvements within 3 years. And no, we didn't buy at a time when rates were 3% either.
My personal theory is that the delay to get married by millennials (my gen), Gen z, and soon gen alpha is negatively affecting those generations finances. Being married (especially in a DINK situation early on) shares expenses, shares time consuming tasks, provides you with someone you share goals with and thus shared accountability etc. It's much easier to cook for 2 than it is for 1 and there's accountability to take leftovers for lunch as one example.
Posted on 10/28/25 at 1:24 pm to AUin02
quote:
No I'm actually pretty sure that you've been so well off you're out of touch to what can or can't be given up to afford a home.
I paid for my own college and lived with family member for 4 months after college in a new city to pay the super majority of my student loans and save an initial nest egg
quote:
My personal theory is that the delay to get married by millennials (my gen), Gen z, and soon gen alpha is negatively affecting those generations finances.
Definitely doesn’t help, but until recently, there was only 1 provider per family anyway
This post was edited on 10/28/25 at 1:26 pm
Posted on 10/28/25 at 1:30 pm to PCRammer
quote:
This is part of the problem. You think you're settling by wanting an average house. My first in 2005 was 135K, which was about 100K below median. It wasn't in the best location in relation of things to do, but it was safe, and I was proud to own it. That same house sold a few years about for 195K, but I bet most people complaining they cannot buy a house would not even entertain owning this house.
Look it up now and tell us the Zillow (or equivalent) valuation. Now remember that the person buying it now would be buying a house that's two decades older than the one you bought. Then we can talk.
Posted on 10/28/25 at 1:34 pm to stout
Starbucks is the least of their problems. I was working 3 jobs in 1974 to get a 20% downpayment on a house, my day job, my night job, and I managed our apartment complex for rent reduction.
But the real problem is all the things I didn't spend money on because they weren't available:
video games
piercings
tats (trashy)
cell phones
streaming services
Uber
delivered meals
frequent eating out
internet service
The outlier is driving, the cost of going one mile is less than half of what it was, adjusting for inflation.
But the real problem is all the things I didn't spend money on because they weren't available:
video games
piercings
tats (trashy)
cell phones
streaming services
Uber
delivered meals
frequent eating out
internet service
The outlier is driving, the cost of going one mile is less than half of what it was, adjusting for inflation.
Posted on 10/28/25 at 1:36 pm to Mingo Was His NameO
quote:
You may want to look at the surrounding neighborhood of the one that is 15% less than $250k
It's a starter area and still not the ghetto as you claimed
This post was edited on 10/28/25 at 1:37 pm
Posted on 10/28/25 at 1:37 pm to andouille
quote:
But the real problem is all the things I didn't spend money on because they weren't available:
video games
piercings
tats (trashy)
cell phones - it’s 2025
streaming services - $8 a month
Uber
delivered meals
frequent eating out
internet service - it’s 2025
Posted on 10/28/25 at 1:37 pm to stout
Reasons why house prices are high, no particular order:
- Mass immigration: Increases demand. if you think importing a gorillion Indians (to keep wages low btw) doesn't drive up prices, that would be a sign of profound mental retardation.
- Excessive amount of short-term rentals (AirBnb) and long-term rentals: Restricts supply. Tons of inventory locked away from buyers. Single-family homes should be for single families. Sorry, but not actually sorry.
- Mass immigration: Increases demand. if you think importing a gorillion Indians (to keep wages low btw) doesn't drive up prices, that would be a sign of profound mental retardation.
- Excessive amount of short-term rentals (AirBnb) and long-term rentals: Restricts supply. Tons of inventory locked away from buyers. Single-family homes should be for single families. Sorry, but not actually sorry.
Posted on 10/28/25 at 1:38 pm to stout
quote:
Mine will be new inside but still people would rather spend $100K more for a smaller house in a new subdivision.
I think a lot of this is the developers are offering these short term, low(er) interest rates.
Posted on 10/28/25 at 1:40 pm to stout
quote:
It's a starter area and still not the ghetto as you claimed
Bruh, look at the surrounding area and what you drive through to get to town.
This is the whole point, you want the expectation of the average person to have to live on the back end of shanty town to buy their first house. THE AVERAGE PERSON
Posted on 10/28/25 at 1:40 pm to Mingo Was His NameO
If those got dang zoomers would just stop using cell phones and the internet they could afford a house by working 3 jobs!
Posted on 10/28/25 at 1:42 pm to andouille
At least you acknowledge the changed landscape. It was easier to eat beans and save up for the disco in 1975 than it is now to avoid the monthly miscellaneous costs.
Posted on 10/28/25 at 1:42 pm to Mingo Was His NameO
quote:
internet service - it’s 2025
I won't knock people for paying for the internet. It's an essential these days, much like any other utility.
That being said, it's also an advantage that boomers never had because, thanks to the internet, it's way easier to make money or even a side income.
AntiqueTiger is a good example of side income. I bet he earns enough to pay a car note.
Also, I have a side business on Amazon that does about $500K per year in revenue. It could do more if I put more into it, but I am happy with it. Those opportunities didn't exist just 20 years ago.
Posted on 10/28/25 at 1:43 pm to stout
quote:
That being said, it's also an advantage that boomers never had because, thanks to the internet, it's way easier to make money or even a side income.
Yeah, they just had pensions and one job that could pay the bills
Posted on 10/28/25 at 1:44 pm to Mingo Was His NameO
quote:
Bruh, look at the surrounding area and what you drive through to get to town.
You can live in a great area and still have to drive through shite to get to town. Here in Lake Charles, everyone living in the burbs of Moss Bluff have to drive through Goospert to get to work. Even those living in million-dollar plus homes in the Bluff.
Posted on 10/28/25 at 1:44 pm to stout
Millionaires get their coffee from Dunkin and McDonald's not Starbucks.
Page 5 of 15
Popular
Back to top
Follow TigerDroppings for LSU Football News