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re: Minimum wage in the 1970s would be the equivalent of making almost $56,000 a year now
Posted on 4/22/26 at 9:53 am to Shexter
Posted on 4/22/26 at 9:53 am to Shexter
quote:
Trucks, on the other hand, have not.
They have when you consider that a 2026 Ford Ranger is pretty comparable in size and capability to a 2000 F150. Those can be had for low 30s, which is less than what a 2000 F150 would cost you, adjusted for inflation.
Hell I saw a first gen Tundra the other day and that thing was fricking tiny by today's standards.
0
Posted on 4/22/26 at 9:54 am to Techdave
quote:
No one is making you live in that area
There it is! The final boss of this dumbass argument
Posted on 4/22/26 at 9:54 am to BluegrassBelle
i agree somewhat with your point. its not easy in many places to buy 150k home and boomers are certainly stupid AF with this shite
but to be fair....take a place like where I live Lake Charles, LA
pretty damn good economy for someone that wants to work in refining or engineering. you can buy brand new home in the metro area for under 175k. 3br, 2ba 1400sf for 175k.
there are places all in SEtx, all over LA etc that are similar.
but to be fair....take a place like where I live Lake Charles, LA
pretty damn good economy for someone that wants to work in refining or engineering. you can buy brand new home in the metro area for under 175k. 3br, 2ba 1400sf for 175k.
there are places all in SEtx, all over LA etc that are similar.
Posted on 4/22/26 at 9:55 am to Scruffy
quote:
There are no homes in safe areas with functioning job markets that you can find for $150k. This is a dream that doesn’t exist anymore. It is about time that you recognize this as a fact.
Nah man. You need to move two counties away from a functioning job market area to find your 150k starter home.
Don’t worry about the $4.50 a gallon gas though you’ll need to put in your 2011 Nissan with 180k miles because used cars are about $15k+ these days.
Posted on 4/22/26 at 9:55 am to Techdave
quote:
You dudes act like people that made it on their own
My tax dollars are the foundation for your success. Pipe down.
Posted on 4/22/26 at 9:56 am to Bayou_Tiger_225
quote:
Brother, it’s been established the median home price is 420k. Starter homes are going for 300k .but your advice is to go buy some shitbox in the ghetto for 150k? In a failing public school district they can’t use?
The ENTIRE point of this conversation is that if someone who is 21 years old does exactly what you did when you were 21 years old, they end up in a much worse spot. And as far as I can tell, your position on the topic is “suck for you, just work harder” instead of “wow, maybe things got messed up along the way, we should probably try to fix it.”
Can you not see how disingenuous that is?
I think half of you guys aren't willing to do what it takes. And want someone else to fix your problem.
Posted on 4/22/26 at 9:56 am to RolltidePA
quote:
Bad news is that the cheapest one is still almost $35,000
No it's not. You can get them new for low 30s. You can get one a year or two used for mid 20s.
Posted on 4/22/26 at 9:56 am to Scruffy
As someone on this board for a while I remember in the engineering threads 15 years ago the boomers would complain that the new grads were starting at 75k when they had to work for 50k as a new grad back in 1982
What does a new engineering grad start at now? 85k? Also consider that getting a degree at lsu was basically free 15 years ago and now it’s like 100k
What does a new engineering grad start at now? 85k? Also consider that getting a degree at lsu was basically free 15 years ago and now it’s like 100k
Posted on 4/22/26 at 9:56 am to Techdave
quote:That is what “starter homes” are going for.
My point is that buying a 300k home as your first home is pretty unrealistic.
I lived in Jackson, MS for almost a decade.
Out 2000 sqft, 2 bedroom 2 bath home outside of the crime ridden hellhole that is Jackson sold for $300k in 2023.
I would have had to live within Jackson-proper, in the shittiest of areas, to find a home $150k or less.
Posted on 4/22/26 at 9:57 am to Techdave
No offense dave, by you seem real out of touch. Also your whole argument still doesnt address the fact that things are undoubtedly getting worse over the decades when it comes to the average americans economic position.
Posted on 4/22/26 at 9:57 am to Salmon
quote:
My first home was $300k. Why is it unrealistic? Maybe you should have got a better degree?
Pretty dumb argument, huh?
You are an exception and should be proud of that. However, most people should set their sights lower.
Posted on 4/22/26 at 9:57 am to Scruffy
quote:
There are no homes in safe areas with functioning job markets that you can find for $150k.
siding with Scruffy on this, I just looked up prices in what was a very nice neighborhood near where I grew up, home prices are reasonable, and the lots are decent sized but I also looked up the crime stats in that area and I believe that is what is keeping the prices down
ETA: the high school, which was once as good of a public high school as there was in town is now a ghetto infested war zone
This post was edited on 4/22/26 at 10:00 am
Posted on 4/22/26 at 9:58 am to Techdave
quote:This guy believes Haitians have it just as easy as American born children
Techdave
Posted on 4/22/26 at 9:58 am to Scruffy
quote:
There are no homes in safe areas with functioning job markets that you can find for $150k.
This is a dream that doesn’t exist anymore.
It is about time that you recognize this as a fact.
yes there are and in good school districts
i fully acknowledge though that for 75% of the country this is not a reality but there are places along i-10 that still have them but your overall point is correct
Posted on 4/22/26 at 9:58 am to Techdave
quote:you forgot about lattes, YouTube tv, and avocado toast
Get a better degree or trade, save your money, don't spend on stupid shite, build equity in a smaller house then upgrade to a larger one.
There, I solved this problem.
Posted on 4/22/26 at 9:59 am to JohnnyKilroy
quote:
No it's not. You can get them new for low 30s. You can get one a year or two used for mid 20s.
According to Ford "The 2026 Ford Ranger starts at $33,350 for the base XL model"
It may be just me, but $33,350 is almost $35,000. I get it, that's MSRP and all. But they aren't cheap and more expensive than things were in the '80's.
Posted on 4/22/26 at 9:59 am to 777Tiger
quote:
siding with Scruffy on this, I just looked up prices in what was a very nice neighborhood near where I grew up, home prices are reasonable, and the lots are decent sized but I also looked up the crime stats in that area and I believe that is what is keeping the prices down
I live in a pretty middle class suburb of Louisville. I just watched a developer in our neighborhood group justify building townhomes about 5 minutes from my house starting at 400k.
Townhomes.
Posted on 4/22/26 at 10:00 am to BluegrassBelle
quote:
Sure.
Houses that are traditionally under 1,000 square feet aren’t being built anymore (for a lot of reasons). The ones that are, either still have older generations living in them or are being bought up by venture capitalists and LLCs to rent out.
i didnt say under 1000 lol. you so mad at others you didnt read. I know they suck but dont lump me in with them
i said a 1000 less
median home size today is like 2386 and it was under 1400 in '71.
in general though you are correct. for much of the country 14-1500 SF homes for under 200k do not exist much less 150k.
there are pockets it does but everyone cant move to those pockets or it wont be that price anymore either
my point was that today we do not live like its 1971 anymore. you find an old houses in small suburbs in places for that price but you will almost have to live like its 71 if you dont want to put more into. its possible, not probable for the msot part
This post was edited on 4/22/26 at 10:02 am
Posted on 4/22/26 at 10:00 am to Techdave
quote:The majority of us aren’t even the demographic affected by this.
I think half of you guys aren't willing to do what it takes. And want someone else to fix your problem.
My wife and I are both physicians. We don’t have issues with this.
But I am not disingenuous and retarded enough to not recognize how screwed up the economic situation of younger generations are.
Just because you “got yours” doesn’t mean you can’t recognize the horrendous burden the economy has placed on others.
Posted on 4/22/26 at 10:00 am to Scruffy
quote:
That is what “starter homes” are going for.
I lived in Jackson, MS for almost a decade.
Out 2000 sqft, 2 bedroom 2 bath home outside of the crime ridden hellhole that is Jackson sold for $300k in 2023.
I would have had to live within Jackson-proper, in the shittiest of areas, to find a home $150k or less.
Let's be honest, Jackson isn't known for the best of living situations. I live in Lafayette. Just a quick Redfin search shows lots of options for a starter home in decent areas under $200k.
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