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re: Homebuyer affordability slipped 5th straight month; Median Single Family Price: $446,400

Posted on 7/19/26 at 11:56 am to
Posted by meansonny
ATL
Member since Sep 2012
26998 posts
Posted on 7/19/26 at 11:56 am to
quote:



Ah, the American dream. Where an engineer and a nurse nearing their mid 30s can afford an entry level home in a location where they have to commute 90 minutes each way.


Why do you have to lie?
Median home is not a starter home.

It literally is in the middle. Of society has to buy something in the 50th percentile as their first home, that explains the lack of thought for this younger generation
Posted by LSBoosie
Member since Jun 2020
19537 posts
Posted on 7/19/26 at 11:57 am to
quote:

News flash. Houses usually weren’t that big. You don’t NEED a 2500 square foot house. Kids can sleep 2 to a room. That used to be normal if you had more than 2.

quote:

Oh I grasp it alright. Sure it’s more difficult because they want to start in a 2500 sq foot home. 4 bed, 2.5 bath, pool, boat port, etc etc etc.

I posted a screenshot earlier. There are 7 homes for sale for under $200k that are 2 beds and 1,200 sf within an hour of downtown Dallas. That’s the criteria that someone gave on here saying that these types of homes are available “everywhere”
This post was edited on 7/19/26 at 11:59 am
Posted by meansonny
ATL
Member since Sep 2012
26998 posts
Posted on 7/19/26 at 11:58 am to
quote:

There’s a simple point to this thread. It’s currently more difficult for first time home owners to buy a house than it was in the past


It is more difficult today than it has been on average.

But we are literally in a housing bubble from 2022.

This is equivalent to other bubbles in the past.

Young people dont seem to have perspective beyond their own nose.
Posted by CPA Yung Boi
Member since Apr 2026
117 posts
Posted on 7/19/26 at 11:59 am to
quote:

Why do you have to lie?
Median home is not a starter home.

It literally is in the middle. Of society has to buy something in the 50th percentile as their first home, that explains the lack of thought for this younger generation



And an engineer and a nurse with a household income of $170k aren’t median earners. This really isn’t that complicated

The financial outlook in this country is deteriorating. That’s not debatable. Does the average American have culpability in that? Well of course they do. But there’s a bunch of shite outside of their control too that’s absolutely boning them.

Shoving your head up your arse and pretending that’s not happening is astoundingly retarded.
Posted by LSBoosie
Member since Jun 2020
19537 posts
Posted on 7/19/26 at 12:00 pm to
quote:

It is more difficult today than it has been on average.

But we are literally in a housing bubble from 2022.

This is equivalent to other bubbles in the past.

Young people dont seem to have perspective beyond their own nose.

So when is the bubble going to burst?
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
11232 posts
Posted on 7/19/26 at 12:02 pm to
You’re not entitled to live within an hour of downtown Dallas.

You’re not entitled to anything.

This post was edited on 7/19/26 at 12:05 pm
Posted by Night Vision
Member since Feb 2018
23535 posts
Posted on 7/19/26 at 12:05 pm to
quote:

Young people dont seem to have perspective beyond their own nose.


Many are always on the lookout for excuses for their situations. They don't want solutions, they want what they want, when they want it.

Posted by LSBoosie
Member since Jun 2020
19537 posts
Posted on 7/19/26 at 12:05 pm to
quote:

You’re not entitled to live within an hour of downtown Dallas.

I understand. I’m confused as to what your point is. You said that people can’t afford homes because they want to have a 2,500 sf, 4 bed house with a pool. I lowered the criteria drastically and still showed you that those houses aren’t available “everywhere” like that other poster claimed.
quote:

You’re not entitled to anything.

I’ve never said that I’m entitled to anything. I’m simply talking about the reality of living in today’s society.
This post was edited on 7/19/26 at 12:10 pm
Posted by MC5601
Tyler, Texas
Member since Jan 2010
4305 posts
Posted on 7/19/26 at 12:06 pm to
quote:

Why do you have to lie? Median home is not a starter home. It literally is in the middle. Of society has to buy something in the 50th percentile as their first home, that explains the lack of thought for this younger generation


The average first time home buyer in 2026 is 39 years old. A “starter home” for a 39 year old is vastly different than when my parents bought their first home at 23 years old in 1987.

I make about $150-175k per year and can’t afford a home in a decent area of DFW on a single income. I can’t imagine how the “average” American family making $90k per year must feel
Posted by Boss
Member since Dec 2007
1871 posts
Posted on 7/19/26 at 12:07 pm to
quote:

And an engineer and a nurse with a household income of $170k aren’t median earners. This really isn’t that complicated


Again you are talking out of your arse. An engineer and a nurse 10 years into their career average 250k. The 170 is the average of all college graduates. Stop making shite up.

Posted by CPA Yung Boi
Member since Apr 2026
117 posts
Posted on 7/19/26 at 12:09 pm to
quote:

Again you are talking out of your arse. An engineer and a nurse 10 years into their career average 250k. The 170 is the average of all college graduates. Stop making shite up.


This is categorically and factually untrue
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
24231 posts
Posted on 7/19/26 at 12:09 pm to
quote:

Boomers: “well son if you stopped going to Starbucks, you could afford a house.”


This is still legitimately good advice. My wife has a home made vanilla latte with home made creamer every day. I need to run up the savings but I think if she had one from Starbucks every day it would be hundreds of dollars per month. That’s nothing to sneeze at. And that’s just a daily coffee!

Fiscally conservative practices should not be mocked. And I’m 31.
Posted by MC5601
Tyler, Texas
Member since Jan 2010
4305 posts
Posted on 7/19/26 at 12:10 pm to
quote:

Again you are talking out of your arse. An engineer and a nurse 10 years into their career average 250k. The 170 is the average of all college graduates. Stop making shite up.


The point being that $170k per year should be able to get you something decent in a safe area with good schools. In areas where that kind of pay is possible, you wouldn’t be able to afford a decent home on that salary. We are literally in the worst housing market in American history and people keep trying to downplay it. It is totally demoralizing for many younger Americans
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
20509 posts
Posted on 7/19/26 at 12:10 pm to
quote:

must be like a penis measuring contest for grumpy boomers/gen Xers to admit which generation had it harder.


The only reason I enter these threads is to combat the class envy that is the undercurrent of this whole discussion.

“That group had it so much better”
“That group is the reason we don’t have it as good”

Soon to be followed by “it’s totally justified to take from that group because they deserve it and owe my group”
Posted by Night Vision
Member since Feb 2018
23535 posts
Posted on 7/19/26 at 12:10 pm to
quote:

Fiscally conservative practices should not be mocked. And I’m 31.


Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
11232 posts
Posted on 7/19/26 at 12:11 pm to
quote:

I lowered the criteria drastically and still showed you that those houses aren’t available “everywhere” like that other poster claimed.


Right. You’re not entitled to live in/near Dallas.

Is your point that you’re supposed to find these houses in every city?
Posted by Grinder
Member since Nov 2007
2742 posts
Posted on 7/19/26 at 12:11 pm to
quote:

I don't want a smaller used home or a starter home Daddy! I want to live it up right from the start! I don't want to buy some land, put a trailer on it and save to build a house! I must buy a new fancy car every two or three years as well Daddy! There are new subdivisions within my county where the houses are all under $325K and some are under $300K. Gen X here by the way.


This is exactly correct.

Spoiled impatient people mad because they want it NOW.

Waste money on unnecessary stuff and delay your ability to buy a house. And then complain that IT’S NOT FAIR.
This post was edited on 7/19/26 at 12:14 pm
Posted by Boss
Member since Dec 2007
1871 posts
Posted on 7/19/26 at 12:12 pm to
But it isn’t. Look it up. Average engineer salary after 10 years is 140. Average nurse salary after 10 years is 105-110.
Posted by meansonny
ATL
Member since Sep 2012
26998 posts
Posted on 7/19/26 at 12:14 pm to
quote:


Young people dont seem to have perspective beyond their own nose.

So when is the bubble going to burst?


You are kind of making my point.

The bubble bursting is often near 10% unemployment. Multiple quarter recessions.
As bad as you want housing to drop, you dont want that.

The best way out of the bubble would be to flood supply. It takes years. Add in modest/typical wage inflation, and we can escape a bubble without "bursting".
Posted by CPA Yung Boi
Member since Apr 2026
117 posts
Posted on 7/19/26 at 12:15 pm to
quote:


But it isn’t. Look it up. Average engineer salary after 10 years is 140. Average nurse salary after 10 years is 105-110.


quote:

According to the U.S. Bureau of Labor Statistics (BLS), the median annual wage for civil engineers is $99,590, which breaks down to about $47.88 per hour. The lowest 10 percent earn less than $65,920, and the highest 10 percent earn more than $160,990.


The highest 10% of all earners earn less than what you said someone just coming into their prime earning years makes
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