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re: Millennials will spend 45% of income on rent before age 30
Posted on 3/28/18 at 12:18 pm to GreatLakesTiger24
Posted on 3/28/18 at 12:18 pm to GreatLakesTiger24
quote:
sounds terrible
It's three years
One sign of intelligence Is delayed gratification.
2
Posted on 3/28/18 at 12:18 pm to RogerTheShrubber
And one sign of a lack of intelligence is taking out student loans to become a fricking teacher.
Posted on 3/28/18 at 12:21 pm to GoCrazyAuburn
So I think the irony of this topic is that millenials are now trending towards buying homes, and they have are extremely overvalued in most areas. Millenials weren't buying homes before because they were scared from watching older people lose everything in the last recession (when housing prices were more favorable to buying).
Posted on 3/28/18 at 12:21 pm to TH03
quote:
And one sign of a lack of intelligence is taking out student loans to become a fricking teacher.
If he took out 10 grand it's no big deal.
Posted on 3/28/18 at 12:22 pm to RogerTheShrubber
If it takes you three years of living like shite to pay off ten grand... you messed up somewhere
Posted on 3/28/18 at 12:24 pm to GreatLakesTiger24
Advice from the poor.. 
Posted on 3/28/18 at 12:24 pm to wutangfinancial
quote:
So I think the irony of this topic is that millenials are now trending towards buying homes, and they have are extremely overvalued in most areas. Millenials weren't buying homes before because they were scared from watching older people lose everything in the last recession (when housing prices were more favorable to buying).
Yep. Right now is a pretty awful time to be a house. I'm sure a lot of the older generation would like Millennials to buy their house right now because it is insanely overvalued and they need to bolster their terrible retirement savings.
Posted on 3/28/18 at 12:25 pm to RogerTheShrubber
For a professional that pays an average starting salary of $36k?
Posted on 3/28/18 at 12:25 pm to RogerTheShrubber
quote:
It's three years
Living like a pauper in some of the best years of your life to pay off 10-20k is retarded.
Posted on 3/28/18 at 12:26 pm to GreatLakesTiger24
quote:
If it takes you three years of living like shite to pay off ten grand... you messed up somewhere
Says the 21 year old who still lives on parents money.
Posted on 3/28/18 at 12:28 pm to NIH
quote:
Living like a pauper in some of the best years of your life to pay off 10-20k is retarded.
In general that's the way it works unfortunately. Most people don't make much money when they are just getting started in their careers. It probably took me a decent 8-9 years to start making a comfortable salary.
Posted on 3/28/18 at 12:32 pm to RogerTheShrubber
You know I'm right so you make up lies. Sad!
Posted on 3/28/18 at 12:33 pm to fallguy_1978
quote:
In general that's the way it works unfortunately
Yep, and we're getting to the heart of why these people complain all the time.
Posted on 3/28/18 at 12:37 pm to RogerTheShrubber
quote:
Yep, and we're getting to the heart of why these people complain all the time.
Complaining about Millinnials complaing in a thread complaining about millennials
Posted on 3/28/18 at 12:37 pm to GoCrazyAuburn
Posted on 3/28/18 at 12:38 pm to fallguy_1978
quote:
Most people don't make much money when they are just getting started in their careers.
quote:
In its most recent survey, the National Association of Colleges and Employers found that for 10 broad degree categories ranging from engineering to communications, 2016 graduates are projected to have an average salary of $50,556.
It shouldn't be hard at all to pay off 10k on a 50k salary
Posted on 3/28/18 at 12:41 pm to NIH
quote:
Living like a pauper in some of the best years of your life to pay off 10-20k is retarded.
Paying back cheap money faster than you have to in and of itself isn't very smart.
Posted on 3/28/18 at 12:45 pm to NIH
These people lived like plebs in their twenties and are mad that not everyone else had to do the same.
Posted on 3/28/18 at 12:45 pm to tigerinthebueche
quote:It's absolutely absurd to pretend that the housing conditions which so benefited past generations are still in place at present. The typical (white) blue-collar worker in 1965 could basically easily afford to buy a home (with a government-guaranteed mortgage) that wasn't very far from his place of low-skill employment. Good luck on that today.
Oh I bet the could afford a home. Just not the home they want. All part of growing up.
Posted on 3/28/18 at 12:49 pm to GoCrazyAuburn
quote:
Complaining about Millinnials complaing in a thread complaining about millennials
Most millennials I know personally are far more self reliant and responsible than "TD millennials".
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