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re: Homeownership Gender Gap: Single Women Own More Homes Than Single Men
Posted on 2/2/23 at 2:40 pm to Diseasefreeforall
Posted on 2/2/23 at 2:40 pm to Diseasefreeforall
We obviously have systemic sexism in the home building and mortgage industry.
We need a Rooney Rule, homebuilders and realtors must offer a home to three single men before they can offer to sell it to a single woman.
We need a Rooney Rule, homebuilders and realtors must offer a home to three single men before they can offer to sell it to a single woman.
0
Posted on 2/2/23 at 3:08 pm to GetCocky11
quote:I can understand that to a degree. Being responsible for everything can be somewhat stressful.
Eh, there's other ways to build wealth without the stress of owning and maintaining a home. Some people simply don't want to deal with it.
That being said, everything that you put into yiur house is increasing its value for when you sell it plus you’re building equity. You also don’t have to worry about rent going up every year
Posted on 2/2/23 at 3:20 pm to Henry Jones Jr
quote:
That being said, everything that you put into yiur house is increasing its value for when you sell it plus you’re building equity. You also don’t have to worry about rent going up every year
Increasing the value for who? It only increases as long as there are people demanding to buy it. I have a feeling home ownership is not only going to be less popular in the future, but the political sphere will do everything they can to stifle it (you will live in the POD, you will eat the bugs). Whether that's under the guise of "climate change", or "equity", or whatever.
Millennials are already going to be later life homeowners...at best, and Gen Z will always be stuck behind the millennials like Gen X has been stuck behind boomers in their careers.
People still act like the economy is going to be like it was post WW2 forever. That era is already over.
Posted on 2/2/23 at 3:30 pm to OldHickory
quote:
Probably because they used to be married women.
The very first reply nailed it
Posted on 2/2/23 at 3:30 pm to OldHickory
quote:
Probably because they used to be married women.
Posted on 2/2/23 at 3:41 pm to Diseasefreeforall
I'm paying 3 mortgages right now. Single no kids. Was married and divorced, and received nothing when we split. We each walked away with our own debts and possessions. I can thank my parents though for loaning me my first down payment. Didn't finish college until 40 so I bought the first one before I was "educated". Hmm what other stereotypes can I dispel?
Posted on 2/2/23 at 3:46 pm to Diseasefreeforall
How many of the single women are divorced and "own" the house their now poor ex-husband "single man" had paid for?
Posted on 2/2/23 at 3:48 pm to Diseasefreeforall
How does the federal government plan to rectify this inequality in gender outcomes
additionally how why are they being so violent in this study against people that identify as neither woman or man
additionally how why are they being so violent in this study against people that identify as neither woman or man
Posted on 2/2/23 at 3:49 pm to Diseasefreeforall
Webbie, Boosie and Lil Phat done told us, "She got her own house, She got her own car. Two jobs work hard you a bad broad."
Guess none of you were paying attention.
Guess none of you were paying attention.
Posted on 2/2/23 at 3:52 pm to Diseasefreeforall
Ill be honest, being a single man i have no use to go purchase a house.
First, i dont need the extra bedrooms and people arent really building and selling one bedroom homes.
Second, i can pretty much just up and go if i dont like the place or area.
First, i dont need the extra bedrooms and people arent really building and selling one bedroom homes.
Second, i can pretty much just up and go if i dont like the place or area.
Posted on 2/2/23 at 3:53 pm to Henry Jones Jr
quote:
building wealth than just paying some landlord $1500 a month
Explain to me like I’m 5, because when you factor in interest, property tax, insurance, and upkeep, I’m barely building $300 in actual equity a month. Sure it’s still equity, but $300 is definitely worth the freedom of mobility and no commitment. Most people under 35 aren’t buying some really nice home, it’s a bs DR Horton POS and will be a money pit.
This post was edited on 2/2/23 at 3:55 pm
Posted on 2/2/23 at 5:41 pm to tiggerthetooth
quote:
Increasing the value for who? It only increases as long as there are people demanding to buy it. I have a feeling home ownership is not only going to be less popular in the future
ok. People said the same thing during the 2008 economic crisis and we see how that turned out
Posted on 2/2/23 at 5:43 pm to Henry Jones Jr
quote:
People said the same thing during the 2008 economic crisis and we see how that turned out
That's not the same. Millennials were the next cohort that was going to buy, but now we're at that stage and the Millennials still aren't have a ton of success getting into home ownership.
As I stated, Gen Z is smaller than the millennials, and Gen alpha is very likely to be smaller than Gen Z.
The value of a home is based on the number of people who want to buy it, and if the population cohorts below the current homeowners continue to grow smaller then...you do the math.
Posted on 2/2/23 at 5:47 pm to Richard Grayson
quote:
And the used to be married men can’t afford a house anymore
Yea it’s not hard to piece this together to see the reason why…..
Posted on 2/2/23 at 5:48 pm to Diseasefreeforall
On the plus side, more single men are in prison than single women.
Posted on 2/2/23 at 5:54 pm to Henry Jones Jr
quote:
Because it’s way better for building wealth than just paying some landlord $1500 a month and not building equity
Depends. Houses are huge liabilities as well as assets especially if you live somewhere with significant property taxes.
A single guy might be better off paying rent in a one bedroom apartment as opposed to a mortgage payment on a 3/2 home. Put the excess in an index fund and you're probably better off than the guy with the 8K annual property tax obligation.
Posted on 2/2/23 at 5:54 pm to LolStarFishlol
quote:absolutely it is.
Sure it’s still equity, but $300 is definitely worth the freedom of mobility and no commitment.
quote:yeah because they don’t save up enough money and put themselves in debt with credit cards while buying a car with a $500 monthly payment because they want to look good in front of their friends. They could afford a nicer home if they had a little bit of discipline
Most people under 35 aren’t buying some really nice home, it’s a bs DR Horton POS and will be a money pit.
This post was edited on 2/2/23 at 5:56 pm
Posted on 2/2/23 at 6:44 pm to Diseasefreeforall
I think the late, great Jerry Reed covered this in his classic "She got the gold mine, I got the shaft"
Posted on 2/2/23 at 7:10 pm to Diseasefreeforall
quote:
In fact, women younger than 30 earn at least as much as men younger than 30 in 22 U.S. metros, including New York, Washington, D.C., and Los Angeles. In another 107 metros, women younger than 30 earn 90% to 99% of what men younger than 30 do.
It’s because DEI and it’s bullshite.
Posted on 2/2/23 at 8:07 pm to tiggerthetooth
quote:
This is perfectly reflected in how divorces typically occur. Man gets kicked out on his arse, woman keeps the house and the kids.
Facts.
Its time for the family court system to truly give women equal treatment in divorces. 50% shared custody, mandated in law. The only deviation is via proven, legit child neglect, endangerment or abuse. Not false claims.
Lets step up to true equality and equity.
Won't someone think of the kids.
There would be a whole lot less divorces and "strong independent" women on dating sites without the lucrative child support racket.
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