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re: Millenial homeowners "get real" about their success

Posted on 6/4/19 at 8:18 pm to
Posted by notiger1997
Metairie
Member since May 2009
58152 posts
Posted on 6/4/19 at 8:18 pm to
quote:

to live that is affordable and manageable


Then give up a bunch of the other wasteful crap they spend money on if they need housing to be more affordable.
Or move.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45783 posts
Posted on 6/4/19 at 8:19 pm to
Yeah, this completely stupid. I got tired of rent. Purchased and lived in a mobile home to save money. Sold it, used savings for down payment on home, sold it, bought a slightly better home, sold it, bought a better home. Sold it, bought a better home. Now in this home for last 18 years and will sell it and move one last time.

Idiots thinking they should afford what I can afford now when they're the age I was when I started out are delusional.
Posted by metalfacedterrorist
Athens, GA
Member since Jul 2018
260 posts
Posted on 6/4/19 at 8:20 pm to
I love how in the midst of this senseless dribble regarding the hopeless financial and housing futures for many Americans, they still managed to incorporate a bit of rhetoric regarding rising sea levels and climate change.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48983 posts
Posted on 6/4/19 at 8:22 pm to
It's all relative

A 150k house can be decent in some areas of Alabama but complete shite hole in California
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58356 posts
Posted on 6/4/19 at 8:22 pm to
quote:

The average family can't have a house note, car note, insurance, etc etc on the husband's average salary today. There are families who bring in $120k-$150k a year and live month to month because they are trying to "keep up with the Jones'".


Well that’s their fault and I have no sympathy for them.
Posted by ezride25
Constitutional Republic
Member since Nov 2008
24299 posts
Posted on 6/4/19 at 8:23 pm to
maybe we can pay for their housing with a flat earth tax. Conform or give us something else we want.
Posted by crispyUGA
Upstate SC
Member since Feb 2011
15919 posts
Posted on 6/4/19 at 8:24 pm to
At 35, (technically a millennial) the only person who does not own a house is one of my friends who just got a divorce and they sold the house. He rents a pretty nice apartment downtown and could definitely afford a house if he wanted one.

Where do they find these people? How is that so many are absolutely worthless?
Posted by joshwj93
Member since Feb 2019
627 posts
Posted on 6/4/19 at 8:27 pm to
quote:

Where do they find these people? How is that so many are absolutely worthless?

I know a girl who went on vacation with two of her friends on a Spring Breakish type of deal, got literally sick the first night because she was so scared of being away from her mom and they had to come home. Quit college after a week cause it was too far from home. Parents have created kids who are now adults who literally cannot function and when they cant function they have to blame someone.
Posted by metalfacedterrorist
Athens, GA
Member since Jul 2018
260 posts
Posted on 6/4/19 at 8:27 pm to
quote:

I think the actual transmission of wealth should mostly be banned, actually. We should chuck the whole mortgage interest tax deduction scam, prohibit lenders from borrowing to people in the areas that are going to be underwater due to climate change, institute an extremely large (up to 99.5%) inheritance tax on the Jeff Bezoses of the world, and support and nurture affordable cooperatively owned and financed housing


Suck a big, fat cock you piece of shite and take your socialist ****ry overseas.

That’s about all I can muster in response to that right now.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35565 posts
Posted on 6/4/19 at 8:28 pm to
quote:

But your example of $150K house....that isn't realistic in most places.


I’m not so sure. My daughter purchased a $205000 condo in NOVA at age 28 with no help from mom or dad. We’re a high cost of living area so I’d think there are a whole lot of place in America where $150k can get someone a property to start with.
Posted by SmackoverHawg
Member since Oct 2011
27350 posts
Posted on 6/4/19 at 8:29 pm to
They want to start off with and expect something nice. Bought my first home just out of med school. A fixer upper that I did a ton to in the few months I had between the end of med school rotations and start of residency. Then over the next few year made gradual improvements. Sold it for quite a bit more a few years later and used that towards down payment on new home.

I don't get why more don't do this. Hell, you can YouTube everything now. I had to look that shite up in books and limited dial up internet.
This post was edited on 6/4/19 at 8:33 pm
Posted by joshwj93
Member since Feb 2019
627 posts
Posted on 6/4/19 at 8:31 pm to
quote:

I’d think there are a whole lot of place in America where $150k can get someone a property to start with.

I've lived in Gulfport, MS and now in the Springfield, MO area and $150K will get you a newer 3 bed 2 bath 1500 sq ft house in a good neighborhood in both places. What more can you ask for in a first house?
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55670 posts
Posted on 6/4/19 at 8:32 pm to
quote:

What more can you ask for in a first house?

it being somewhere other than Springfield, Missouri
Posted by Brosef Stalin
Member since Dec 2011
39211 posts
Posted on 6/4/19 at 8:32 pm to
quote:

Where do they find these people? How is that so many are absolutely worthless?

Most of these articles are written in either New York or California, where real estate is extremely expensive. Not hard to imagine people just starting out can't afford a place to live.
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55670 posts
Posted on 6/4/19 at 8:33 pm to
You can get a 150k house anywhere. Feeling comfortable going out and night and sending your kids to school there... that’s another story.
Posted by Vestigial Morgan
Member since Apr 2016
3048 posts
Posted on 6/4/19 at 8:37 pm to
quote:

Millenials, pace yourselves. Don't be impatient and whiny. Everyone has paid their dues. You're not special.


This should be a sign at Starbucks....
Like "Play like a champion today" at ND.
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12268 posts
Posted on 6/4/19 at 8:37 pm to
As a 33 year old who built his first house custom, these people are pussies and need to get over their shitty jobs and lack of ambition.
Posted by cable
Member since Oct 2018
9652 posts
Posted on 6/4/19 at 8:38 pm to
newsflash kiddoes, you don't get everything you want in life, where you want it, and when you want it. Sometimes you never get it. That's called life. It's a shame your public education failed you so horribly.
Posted by PetroBabich
Donetsk Oblast
Member since Apr 2017
4623 posts
Posted on 6/4/19 at 8:39 pm to
A house is a right. Every man a king.
Posted by joshwj93
Member since Feb 2019
627 posts
Posted on 6/4/19 at 8:40 pm to
quote:

it being somewhere other than Springfield, Missouri

I'm just a regular guy, it works fine for me
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