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Message
re: Millennials being squeezed out of middle class, says OECD
Posted on 4/12/19 at 8:52 am to 50_Tiger
Posted on 4/12/19 at 8:52 am to 50_Tiger
Because you have to follow the NPC rules of life. You get married and buy a house. If you can afford a house, one will be appointed to you in a region you can afford. Then you pop out 2-4 kids, develop alcoholism, resent your wife, and die a grumpy old man, buried outside of Cleveland.
Any deviation from this, especially by doing something that brings you joy or that which you would prefer to do will be ridiculed.
Any deviation from this, especially by doing something that brings you joy or that which you would prefer to do will be ridiculed.
1
Posted on 4/12/19 at 8:53 am to Centinel
quote:
Because despite perceptions, there is plenty of affordable housing and jobs in the midwest?
Have we answered the question why that is already?
I mean Cent damn you are a very intelligent baw. Value is assumed by people who actually want the good and the scarcity of the object.
If no one wants a house in the midwest, obv its going to be cheap.
Posted on 4/12/19 at 8:54 am to Stumplstiltzkin
quote:
What amount of money do you consider middle class?
household income of 100k
Posted on 4/12/19 at 8:54 am to cable
quote:
glad we agree, it's your choice to live where you want and pay for it
No fricking shite.
I'm not complaining.
Posted on 4/12/19 at 8:54 am to fallguy_1978
quote:
Simply that a lot of the talk in this thread has been about the high cost of housing in expensive housing markets.
This. I mean it's like some posters here think the nice parts of current large urban cities were always that way. I mean the entire concept of gentrification centers around younger people without much in the way of wealth moving in to "not that great" parts of the city. There has never been a time when you had a nice place to live on a small budget in a desirable part of a large city.
Posted on 4/12/19 at 8:56 am to 50_Tiger
quote:
I mean Cent damn you are a very intelligent baw. Value is assumed by people who actually want the good and the scarcity of the object.
If no one wants a house in the midwest, obv its going to be cheap.
Exactly. The market sets the prices. If you can't get a house you want in the location you want, tough shite. Either make more money or find one you can afford.
Posted on 4/12/19 at 8:56 am to Centinel
Gentrification centers are places for investors to make money off baristas and bartenders who see a slightly cheaper rent than nicer areas.
They do usually have some good bars/restaurants though.
They do usually have some good bars/restaurants though.
Posted on 4/12/19 at 8:59 am to 50_Tiger
quote:
Have we answered the question why that is already?
Because the current trend for the generation we're talking about in this thread is they want to live in a large urban city. This drives the price of available housing up. Market 101 and such.
Guess what? I want to live on my own tropical island.
So, you have two choices. Live the life you want in said urban area, but live with renting and/or having roommates, or move to the midwest and/or south where you can find affordable housing if you wish to own a house.
Posted on 4/12/19 at 9:05 am to Stumplstiltzkin
The long-term plan for the USA is to terminate the status of "Middle Class" entirely. There will be two classes: Rulers and The Ruled.
Posted on 4/12/19 at 9:06 am to Centinel
quote:
So, you have two choices. Live the life you want in said urban area, but live with renting
I just said I do this, and afford it quite well, and was laughed at.
Posted on 4/12/19 at 9:06 am to fallguy_1978
quote:
I wasn't saying you were complaining. Simply that a lot of the talk in this thread has been about the high cost of housing in expensive housing markets.
I've started a lot of threads like this and it always turns around on me. quote:the delay might not be such a bad thing, as long as it eventually happens.
To each their own but it may limit/delay your home ownership potential until later in life or you'll end up 45 minutes out in the burbs.
Posted on 4/12/19 at 9:10 am to TH03
quote:
Because you have to follow the NPC rules of life. You get married and buy a house. If you can afford a house, one will be appointed to you in a region you can afford. Then you pop out 2-4 kids, develop alcoholism, resent your wife, and die a grumpy old man, buried outside of Cleveland.
I bought my first house at the age of 38. Got married for the first time at 40. No kids. Not an alcoholic yet (working on it) and still like my wife. I'll probably die grumpy, but it will be grumpy on a vineyard...but frick being buried. I'm getting cremated.
ETA: Full disclosure. I was with my wife ten years before we got married.
This post was edited on 4/12/19 at 9:13 am
Posted on 4/12/19 at 9:11 am to TH03
quote:
I just said I do this, and afford it quite well, and was laughed at.
Hey now, I wasn't the one laughing at you. See my post above.
I was living your life before you lived your current life. /hipster
Posted on 4/12/19 at 9:15 am to Centinel
Although I bought a house at 22 and got married at 28.
Posted on 4/12/19 at 9:16 am to Centinel
quote:
Full disclosure. I was with my wife ten years before we got married.
I went to HS with a couple that started dating in the 10th grade. They got married last year. Been dating for 24 years and living together for 22
Posted on 4/12/19 at 9:18 am to fallguy_1978
Well for us it had mostly to do with me being active duty and stationed all over the fricking planet. 
I'm just lucky she stuck by me.
I'm just lucky she stuck by me.
Posted on 4/12/19 at 9:46 am to fallguy_1978
quote:
Bought my first house in 2007. Luckily we were pretty conservative about what we could afford but wonderful timing on our part
2008 here. Short sale for 240k townhouse just south of the Heights in Houston. Made about 130k off that little gem in 2012.
Posted on 4/12/19 at 9:50 am to Centinel
(no message)
This post was edited on 1/21/20 at 9:10 am
Posted on 4/12/19 at 9:56 am to Centinel
(no message)
This post was edited on 1/21/20 at 9:10 am
Posted on 4/12/19 at 10:07 am to cahoots
quote:
There was a time when big cities had affordable housing and decent schools that were attainable for average people.
Big cities still have affordable housing. You just don't want to live there. Now schools I will give you, but that is a completely different topic caused by a whole different set of issues.
quote:
Now you pay half a million for 1,000 square feet and you have crumbling roads and terrible schools
Because more people want to live in the city, gentrification occurs, housing costs go up. And the last two have more to do with dysfunctional and corrupt city government. Which, funny enough, just about every major city has. But that's another subject as well.
quote:
It's def not the same as it once was
It is within the context of what I was talking about.
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