- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The age of the median home buyer in 07 was born in 1968, in 2024 it is still 1968.
Posted on 5/20/25 at 9:33 pm to bodask42
Posted on 5/20/25 at 9:33 pm to bodask42
quote:
What did it cost you? Just curious.
100K exactly in 1994
A similar house on the same street built at the same time is on the market for $290K. It has been totally renovated since. We had a 2 yr old and I believe our combined income at the time was $60K
This post was edited on 5/20/25 at 9:40 pm
0
Posted on 5/20/25 at 9:36 pm to Motownsix
quote:
If there was a Venn diagram of incels and people who claim homeownership is unattainable you would only need one circle.
I do not believe home ownership is unattainable.
I own my own home and am married with 3 kids.
Posted on 5/20/25 at 9:37 pm to imjustafatkid
quote:grats on the sex
and am married with 3 kids.
Posted on 5/20/25 at 9:42 pm to Motownsix
quote:yep...my wife and I bought our first house when we were 26 (we were dual income), but no way I would have bought one if I was single, unless I planned to take on some roommates to help cover the note.
Back when I was in my twenties, most of the single baws buying houses took in roommates to offset the mortgage.
I wonder how many first time home buyers over the last 30 years were married dual-income couples versus single people.
This post was edited on 5/20/25 at 9:43 pm
Posted on 5/20/25 at 11:00 pm to Chicken
quote:
Really? you don't think a person's spending (including debt spending) and saving habits have a direct correlation on ability to afford a home?
The example I gave you there wasn’t a single dollar of wasted spending and was intentionally low on necessities and home ownership was still a stretch. fricking pathetic
Posted on 5/21/25 at 12:14 am to VolSquatch
You mean black people?
Posted on 5/21/25 at 12:23 am to 777Tiger
quote:
doing my best to keep hose numbers up, closing on another house this month
Congrats on buying at peak price with high interest rates, and the 3% IRR you'll make on leasing. Would've been better off just putting your money in the Nasdaq 100 and get higher returns and not have to lift a finger.
Posted on 5/21/25 at 12:26 am to Saunson69
quote:
Congrats on buying at peak price with high interest rates, and the 3% IRR you'll make on leasing. Would've been better off just putting your money in the Nasdaq 100 and get higher returns and not have to lift a finger.
I’ll be alright
Posted on 5/21/25 at 12:30 am to imjustafatkid
quote:
If there was a Venn diagram of incels and people who claim homeownership is unattainable you would only need one circle.
quote:
do not believe home ownership is unattainable. I own my own home and am married with 3 kids.
Is this your way of declaring yourself safe from being an Incel?
Posted on 5/21/25 at 6:36 am to Breesus
quote:of 1968
B
O
O
M
E
R
S
Posted on 5/21/25 at 7:22 am to Mingo Was His NameO
quote:So Mingo, I'm just wondering if a day later you can step back and recognize how pathetic this post sounds?
“Hey if you work really hard, get an engineering degree, and get a good job, by the time you’re 35, you can drive a 10 year old vehicle with 175k miles and maybe afford to buy a home that’s outdated and 1200 sq feet an hour away from where you work. Of course, you can’t have kids during that time frame, or that will throw all your savings plans off. Lucky you! Congrats on your professional success!”
Americans are born on 3rd base by global standards. Most Canadians and Europeans could only wish they had your "problems." Planning, discipline, and perseverance beget opportunity. Nowhere on the planet is that more true than in the US. But IRL everyone doesn't get a trophy.
Success is earned. You seem to think Jesus materialized in Tiger Stadium 25yrs ago, and handed Chicken TigerDroppings atop a flaming pizza. Then everyone lived happily ever after. Your belief that the snow always falls better on Chicken's side of the mountain, even when he swaps slopes, should give you pause.
Posted on 5/21/25 at 7:34 am to NC_Tigah
quote:
of 1968
Another Boomer who doesn’t understand basic statistics…. And yet we are supposed to believe that generation were super geniuses who just kicked arse at everything and earned their success.
If the median is 1968, then roughly half of the data set was before then. So yes most of those older than 57 and driving the number up are boomers.
This post was edited on 5/21/25 at 7:53 am
Posted on 5/21/25 at 8:05 am to Motownsix
quote:
Is this your way of declaring yourself safe from being an Incel?
Just completely refuting your assertion. Nothing more, nothing less.
This post was edited on 5/21/25 at 8:05 am
Posted on 5/21/25 at 8:30 am to bodask42
quote:I suppose as you carry this conversation on over the internet, on your computer, perhaps purchased on Amazon, likely dependent on Apple and or Microsoft software you can believe what you choose to.
Another Boomer who doesn’t understand basic statistics…. And yet we are supposed to believe that generation were super geniuses who just kicked arse at everything and earned their success.
However, regarding your "statistical issue," median age in 2007 had already pushed well into the GenX cohort. Then GenY chose lifestyle over being "house-poor," effectively freezing the median birthdate. of course you already knew that.
Posted on 5/21/25 at 8:33 am to NC_Tigah
quote:
Americans are born on 3rd base by global standards.
They were born about 10 feet from home plate 60 years ago
Posted on 5/21/25 at 8:37 am to RaoulDuke504
I wonder of letting in 20 million people in a few years and putting twin turbos on the money printers had anything to do with this?
All that printed money going into the stock market and pumping up investment firms like Blackrock who then use those profits to buy up residential homes to rent out maybe hasn't helped.
All that printed money going into the stock market and pumping up investment firms like Blackrock who then use those profits to buy up residential homes to rent out maybe hasn't helped.
Posted on 5/21/25 at 8:46 am to Chicken
quote:
my wife and I bought our first house when we were 26 (we were dual income), but no way I would have bought one if I was single,
This has been a big shift in thinking. There’s no way I would’ve even considered or been able to afford a house when I was single. And why would you want to? It’s much more fun to have an apartment with roommates in a fun part of town than being locked in some house in the suburbs.
Houses have never been priced where the average young single person could afford them without family money.
Posted on 5/21/25 at 8:48 am to SquatchDawg
quote:
Houses have never been priced where the average young single person could afford them without family money.
false, ridiculously false
Posted on 5/21/25 at 8:51 am to NC_Tigah
quote:Americans were born on home plate about 60-70 years ago.
Americans are born on 3rd base by global standards.
At what point will you older chumps start to acknowledge that there is an issue?
Is it when then median age of first time homebuyers hits 40, up by 8 years in just the last decade? What about when it hits 45? 50?
At what point will you guys finally admit that this is getting worse?
This post was edited on 5/21/25 at 11:30 am
Posted on 5/21/25 at 8:54 am to Saunson69
quote:
Congrats on buying at peak price with high interest rates
Certainly not peak pricing in North LA right now. We decided to build but looking on zillow and talking to our real estate agent, this is the best time to buy in years. Not factoring in the interest rate obviously but odds are they aren't going to drop to the 2-3% in the foreseeable future and 6% isn't the worst interest rate in the world. It's a buyers market up here. But I already have seen the conversation in my head of me telling the realtor "F that I'm not selling my house for that."
Page 16 of 18
Back to top
Follow TigerDroppings for LSU Football News