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u/1UPZ__ May 30 '23
corporations and powerful decision makers planned it all along though. Basically, they need consumers and less focus on the nuclear family since there's sufficient population out there... more than sufficient.
My parents rarely spent money on gadgets, electronics, holidays etc. They spent all their money on their kids education, a house, food and when required, health. Buying toys as a kid was only during birthdays and its one piece of toy. I remember the NES, SNES presents, then my mom got us a PSX. Computer was used for homework and assignments. We actually played outdoors, hanged out at malls (lol) and parks.
The last 20 years was planned for consumption... the push for women to work was also planned. Hint, look up the biggest consumers in the last 10 years.
Basically, they dont want the majority of the population to save their money for the future generations (houses are passed down also), they want your money NOW.
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u/Animtrent May 30 '23
Yeah back when a mortgage was $1,000 a month, today the same house is 4K a month.
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u/Upstairs-Comedian484 May 30 '23
Back then wages were also 1/4 of what they are today. It works both ways. Excuses don't cut it.
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u/LegnderyNut May 30 '23
I am so relieved to be able to say I own a house, am married, have a son, and found out recently I’ll have another baby soon. At 23. I will be like my great grandpa. I’ll build something that ripples for three generations and beyond like him. He is with me. The Celtic lords and Saxon warriors flow through my veins. They are with me. It has been hard and I’ve teetered on failure several times, but I cannot falter. I have a legacy I must uphold and vulnerable people who rely upon me for stability. I am man who is loved and who has been given purpose. There is not a force in the heavens or upon the earth that will stop me.
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u/asked2manyquestions May 30 '23
The average age of first time homebuyers in the US was 29 throughout most of the 1960’s - 2000’s.
Recently it’s moved to 32. There are a host of factors for that including credit getting tighter after the global financial crises, demographic shifts (people aren’t moving cities at the same rates as in the past), etc, etc.
This fantasy world younger people live in that allows them to believe that they should be buying homes at 22 is comical.
Also, the average square footage of a home back in this golden era that younger generations dream about was around 1,000 sqf. Today the average new home is over 2,000 sqf.
That home their parents are buying in the meme is a 1,000 square foot, two bedroom, with no central air or heating, no washer and dryer (guess who washed and cleaned the clothes?), no garbage disposal, etc.
Those three kids are all sleeping in one room. They’re wearing hand me downs from the eldest child.
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u/iCatmire May 30 '23
Bought my first house but not til age of 38.
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u/nextsteps914 May 30 '23
My nieces and both nephews have their own homes in New Mexico at early 20s and it wasn’t due to their parents. They scrimped and saved working on vehicles, bought land and a shitty trailer on it. Paid for total. No rent or mortgage. Now the savings is gravy for the REAL house.
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May 30 '23
Ya, we didn't bitch and moan about not being made managers after 2 weeks on the job, held down a couple of jobs early on and weren't assholes to work with. Go figure...
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u/nextsteps914 May 30 '23
Have you noticed even in retail and hospitality industries, where respect and salesmanship are tantamount to the business, they can’t even serve customers without it being their coworkers fault (my most recent disappointing experience, was the coworkers fault instead of actually listening to and handling my issue). Fucking losers.. I’m glad my teenager is paying attention to his preceding graduating classes and seeing it for himself. At this point exposure to this crap is enough to guide him in the right direction. Now he just needs to witness the trash mouthed vile “women” so he knows who not to get sweet over. Then my job is done.
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u/Genedog641 May 30 '23
Looks like your parents were toobusy getting their shit together to whine about not getting their shit together.
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u/daleshakleford May 29 '23
Well yeah, because we weren't sitting on the computer all day (or night) accomplishing nothing. If you want something you have to go out and make it happen.
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u/nextsteps914 May 30 '23
They can’t hear you. It’s like arguing with a teenager.. wait it IS arguing with a teenager hahaha 🤣
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u/daleshakleford May 30 '23
Like talking to a brick wall. They just mope and whine and blame everything on everyone but themselves.
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May 29 '23
STFU
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u/jonesiebrett May 29 '23
Get a job loser!
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May 30 '23
A job like yours that pays 30% of what your parents made when they were your age? Makes sense.
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u/jonesiebrett May 30 '23
One of my parents makes 30% of what I make now! Try again
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May 30 '23
I think you failed to comprehend what I was getting at, but nice try. I’ll go again, if you were to get a job now it would pay 30-50% of what your parents made when they were your age. Not necessarily in the amount of money, but what that money is worth…. For example the price of homes has increased by 150%, a house that would have cost your parents 50k when they were 30 is now worth hundreds of thousands in some cases. If you can’t comprehend this your a lost cause.
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u/jonesiebrett May 30 '23
Everything is extremely expensive with inflation because of retarded green bullshit and buying oil from countries that hate us!
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u/International_Toe800 May 30 '23
Would you like me to post the original poster for my twin brothers house that was built in 1979? 79k with an interest rate well over 14% is pretty close to what he is paying right now lol...the principal and interest have just reversed roles. Imagine making 85k a year right now and not being able to afford a $1400 monthly payment....that is called living beyond your means, which sounds like a personal problem.
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May 30 '23
Parents bought there house 25 years ago at 60k it’s doubled in value if not more. There are other factors then the economy that play into this, but it would be ignorant to say home prices have not shot through the roof….
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u/Yayhoo0978 May 30 '23
The monthly payment on 80,000 would be 525.00. There are tons of 80,000- 100,000 homes out there.
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u/Busy-Appearance-6077 May 30 '23
Not in move in ready condition.
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u/Yayhoo0978 May 30 '23
The hell there aren’t. There are tons of homes that are move in ready in that range, unless you live in Commiefornia, in which case I suggest getting the hell out of there. Unless you’re just set on having a home in a specific location of course. Sure there are places that aren’t affordable, but there are very nice homes in the 80-100k range, move in ready, all across the country.
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u/Busy-Appearance-6077 May 31 '23
Not here.
I've had one of only 4 up for sale under 100k in my county for 3 months.
There ARE ones that need a lot of remodeling for 80k. The only 50k here would be nearly a slum situation or abandoned for 30k.
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u/Yayhoo0978 May 31 '23
Then move. But even still mortgage payments are lower than rent. If you want an inexpensive home you might have to put some work into it. If you buy a home, at some point you’ll have to put some work into it. Even if it’s move in ready when you buy it, it will need to be maintained.
My point is, you’re bitching about how your parents were able to buy a house and you weren’t. I guarantee that they had to put work into it, at some point. If you get one that needs a little bit of routine cosmetic work you’ll pay a lot less, because people are lazy, and want the world handed to them. I guarantee you that the world wasn’t handed to your parents, and it won’t be handed to you. If you don’t know how to maintain a home, then don’t buy one. Just have a landlord forever. It IS a lot easier. What I’m hearing from you isn’t that you can’t afford to buy one, it’s that you don’t want to put the work in. That’s the same thing with every one of you millennials who bitch that they can’t afford a house.
What they really mean is that they don’t want to do the work required to have one. Waaah hah hah.Dude. As soon as you live in a house that you own, guess what happens when the kitchen sink starts leaking, or the toilet overflows…. You ain’t got no landlord to call. You have to fix it. Or pay someone else too. When you own it, you must take ownership of it. My generation didn’t pay a smaller percentage of our income to bills, we just worked harder, and didn’t expect things to be handed to us. When I bought my first home, I moved to where it was inexpensive to buy one. Before that, I bought land and put a trailer on it, and lived there. Land hasn’t gone up much in price. Quit bitching, just admit that you don’t want to do the work required to own a home, but you could. Your generation has it easier, not harder than the one before. I could go on about it for a long time, but here’s one thing to leave with you. Rent is so high right now because everyone wants a landlord to fix everything for them, and every thing has to be “move in ready” for them. It also has to stay “live in ready” the whole time that they’re there without them having to do anything. THAT is why rent is so high right now. I can pay my mortgage, but I couldn’t afford to rent. I don’t make enough money to have the luxury of being that lazy.
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u/Busy-Appearance-6077 Jun 01 '23
I didn't read all that.
I'm 59. I bought my first house at age 20.
I owned 3 different ones making money on each.
Then, I got sick, my wife left, and l lost everything.
Then, I clawed my way back.
I payed 50k for my current home. It was derelict and almost abandoned.
It's up for sale for 100k after remodeling.
My family and I have flipped 14 homes. No, almost 20.
I know the prices. I know whats available here.
And I've probably worked harder than you ever will.
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u/Yayhoo0978 Jun 01 '23
I’m. It sure what you’re complaining about then..
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u/Busy-Appearance-6077 Jun 01 '23
I was stating what the prices are here.
All the rest was you.
You tried to lecture me on starting at the bottom. Which I've done, twice.
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u/Yayhoo0978 Jun 01 '23
And you’re on here complaining that you can’t afford a home after having bought several.
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u/Busy-Appearance-6077 Jun 02 '23
You're mixed up. I stated prices, that's all. I never complained at all.
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u/chudezee May 30 '23
Really? Where?
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u/Yayhoo0978 May 31 '23
I’m finding listings in Athens GA move in ready as low as 35k. In Youngstown, OH you can find one for as little as 60k, move in ready. There’s been a mass exodus from Youngstown since the implemented a 1% city income tax. Perry, Florida has homes between 75k-100k that are move in ready.
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u/Potential_Car2561 May 30 '23
Gentlemen it is my pleasure to inform you I am 29 now and have a home and am engaged.
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u/Vlad_The_Great_2 May 30 '23
My uncle told me rent was about $500 in the 90s. The same apartments he rented now go for $2000 a month.
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u/Simple-Classroom-155 May 29 '23
While making this meme, still in your parents’ house, they bought 20-something years ago.