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Posted on 8/25/26 at 7:58 pm to NC_Tigah
quote:
Yep, it sounds like those were the days. It was everything the modern millennial seeks, but cannot have.
You’re correct with everything you said, and I would add that eating out at Burger King or Kentucky Fried Chicken was a real treat. The younger generations just don’t want to believe it and want to complain about the previous generations, a sentiment as old as time.
Posted on 8/25/26 at 8:23 pm to JohnnyKilroy
I think house prices have been coming down a little bit. I have been keeping an eye out on something specific and it seems like a lot of homes I come across are listed cheaper than what they listed for... 3, 4 years ago.
Posted on 8/26/26 at 12:08 am to Kansas City King
You need to pull yourself up by the bootstraps. Bring a firm handshake and brisket to the homeowner and watch your offer get you in the door…
Posted on 8/26/26 at 3:25 am to JohnnyKilroy
frick entitled Millennials -
They are being bankrolled by trust funds more than any other generation. They hate their shitty Boomer parents but love their inheritance's. They are just like their daddy boomers but with different slang.
They are being bankrolled by trust funds more than any other generation. They hate their shitty Boomer parents but love their inheritance's. They are just like their daddy boomers but with different slang.
Posted on 8/26/26 at 3:57 am to SoDakHawk
quote:
Home prices are going to continue to go up and should about double in price every decade.
Nope. To double every 10 years, the appreciation rate has to be 7% a year.
Posted on 8/26/26 at 4:40 am to WG_Dawg
quote:
Another major issue to me is the concept of a "starter home" is lost on this younger generation.
Bingo. Most of the young people now would not live in my first home.
It was a starter home by every definition..
LINK
This post was edited on 8/26/26 at 4:46 am
Posted on 8/26/26 at 6:26 am to LanierSpots
quote:
Bingo. Most of the young people now would not live in my first home.P
Or fill it with hand me down furniture like we did.
Posted on 8/26/26 at 6:37 am to LanierSpots
quote:
Bingo. Most of the young people now would not live in my first home.
It was a starter home by every definition..
You just posted a modest, sub-1200 square foot home almost an hour away from Atlanta in rural BFE that's listed for *checks notes* $269.9k
This isn't the flex you think it is.
Just look at the Zestimates.
Jul 2019 $90K
Jul 2021 $132.4K
Jul 2023 $176.8K
Jul 2025 $155.6K
Jul 2026 $265.8K
If they were complaining about that home at $90k, you'd have a point.
quote:
It was a starter home by every definition..
Was
Now it is no longer a starter home based on price.
This post was edited on 8/26/26 at 6:39 am
Posted on 8/26/26 at 7:13 am to SlowFlowPro
quote:
Now it is no longer a starter home based on price.
Sure it is. When I bought that house, it was 1988. I bought that home for 47K and sold it 10 years later for 90K. I was 20 years old and when I bought it, I was making around 24K per year. My wife was going to school and only working about 3 days a week as a bank teller.
If you compare that to what salaries are today, it is very modest. You cant just compare the cost. You have to also compare the income.
I needed 7K down on that house and we lived in a duplex, a shitty one too, for 9 months to finally get enough down payment for a house of that cost.
But my point stands. Most younger people now want it all right off the bat. They are not willing to start at the bottom. That house in that time was not great. It looks much better now than it was then.
Posted on 8/26/26 at 7:16 am to LanierSpots
quote:
Sure it is. When I bought that house, it was 1988. I bought that home for 47K and sold it 10 years later for 90K. I was 20 years old and when I bought it, I was making around 24K per year. My wife was going to school and only working about 3 days a week as a bank teller.
Comparable income as percentage of the home without any money at all from your wife is $137,000k.
So 1.5 the national median income to afford the same starter home you bought at 20.
fricking dumbass
Posted on 8/26/26 at 7:25 am to Klark Kent
quote:
you can get a looooot more house and yard in the Texas burbs for $800k.
And nearly $15k/yr in property taxes
Posted on 8/26/26 at 7:37 am to Dragula
quote:
And nearly $15k/yr in property taxes
Sooo… way less than what private school plus taxes cost in Louisiana?
Posted on 8/26/26 at 7:58 am to stitchop
quote:That would sell for like 400k in fricking Southdowns Baton Rouge
I can build ranch style 1,000 sq houses with modern eminities
Think about that for a second while you try and argue house prices aren’t insane
Posted on 8/26/26 at 8:04 am to Mingo Was His NameO
quote:
Sooo… way less than what private school plus taxes cost in Louisiana?
When the kids are finished with school, the hemorrhaging stops
Property tax in Texas, they go up every year and the bleeding doesn’t stop until you sell home.
Posted on 8/26/26 at 8:08 am to Mingo Was His NameO
quote:
Comparable income as percentage of the home without any money at all from your wife is $137,000k.
So 1.5 the national median income to afford the same starter home you bought at 20.
So you are telling me that a two income young family lets say is making 100K/year together cant afford a mortgage of $1500 a month now?
Id call bullshite on that baw.
Posted on 8/26/26 at 8:25 am to Dragula
quote:
Property tax in Texas, they go up every year
They’ve gone down 3 years in a row
Posted on 8/26/26 at 8:26 am to LanierSpots
quote:
So you are telling me that a two income young family lets say is making 100K/year together cant afford a mortgage of $1500 a month now?
If this is what you took from my post, you need to go back to 3rd grade
Posted on 8/26/26 at 8:26 am to LanierSpots
quote:
Sure it is.
2019 US Median household income: $68,703 LINK
2024 US Median household income: $83,730 LINK
We don't have 2025 yet but let's assume a 5% increase (which is insane and isn't happening, but gives your argument an extreme benefit of the doubt) which puts us right at $88k
$269.9k / 88k = 3.37
$90k / 68,703 = 1.30
You're wrong. Bigly.
Posted on 8/26/26 at 8:27 am to LanierSpots
quote:
So you are telling me that a two income young family lets say is making 100K/year together cant afford a mortgage of $1500 a month now?
Id call bullshite on that baw.
You don't seem to even comprehend the discussion being had
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