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re: For all the Millennials crying about housing costs, here you go
Posted on 5/14/26 at 7:55 pm to cgrand
Posted on 5/14/26 at 7:55 pm to cgrand
Done to me mindset…
Do for myself mindset…
Whiny fricks need not apply.
quote:
give someone else a chance!!!
Do for myself mindset…
quote:
Live below means, invest in cash generating assets, compounding interest is mine, drives to outcome I plan for and deliver.
Whiny fricks need not apply.
1
Posted on 5/14/26 at 8:01 pm to NC_Tigah
quote:
Ah, yes. It must have been nice. I've read about those magical wonderland days in storybooks.
My parents first home was over 100 years old. You could see light between the planks of wood that was the floor.
No central heat.
No AC.
2br
1bath
1000 square feet
3 kids
Lucky them!
Posted on 5/14/26 at 8:07 pm to Everyday Is Saturday
As a 32 year old, there's a bit of truth on both sides.
Prices have gotten out of hand and it's probably harder for the average person in 2026 than it was in 1986 or 1996.
But my generation does seem to expect a more luxurious lifestyle and more "bells and whistles".
I think a smart person who is willing to work and who really is aware of themselves and their opportunities, probably has a much higher ceiling than someone of past generations, but the average person has a lower ceiling.
I say this as someone who bought my house at 27, and I'm at a good place in both saving for retirement as well as general savings with no debt other than my mortgage, with no inheritances or other major gifts/help.
I could actually pay my home off right now but at a 2.9% rate, it seems better to just let that money ride in the market.
Now who knows what AI and the future hold for all of us, I can only try to set myself up the best that I know to do.
Prices have gotten out of hand and it's probably harder for the average person in 2026 than it was in 1986 or 1996.
But my generation does seem to expect a more luxurious lifestyle and more "bells and whistles".
I think a smart person who is willing to work and who really is aware of themselves and their opportunities, probably has a much higher ceiling than someone of past generations, but the average person has a lower ceiling.
I say this as someone who bought my house at 27, and I'm at a good place in both saving for retirement as well as general savings with no debt other than my mortgage, with no inheritances or other major gifts/help.
I could actually pay my home off right now but at a 2.9% rate, it seems better to just let that money ride in the market.
Now who knows what AI and the future hold for all of us, I can only try to set myself up the best that I know to do.
Posted on 5/14/26 at 8:12 pm to SidewalkTiger
quote:
But my generation does seem to expect a more luxurious lifestyle and more "bells and whistles".
That’s every generation.
The average first house for baby boomers was way nicer and substantially bigger than the homes they grew up in.
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