Nearly half of adults under 30 live with their parents (Page 10 of 11)
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Have you priced a double/single wide? $70-$300k, plus septic, porches, etc...... |
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Originally Posted By Ruin: I told several of the usual suspects in a previous thread that kind of sentiment would grow and develop into exactly what Subversive just posted. You can deny the problem exists all you want, argue semantics till you're blue in the face and it doesn't matter. There IS an affordability problem within the RE community. Both mortgages and rent have outstripped wage growth for about a decade now. @Lou_Daks wants a solution before he'll consider any argument so here's where I'd start: 1. Eliminate SS, add means testing to Medicare/medicaid. If you got medical problems I feel bad for you son, bend over and grab the bootstraps. 2. Institute MAiD when you can no longer pull your bootstraps up. Let's be honest, Boomers didn't pay nearly enough in SS or Medicare/Medicaid to offset Boomer medical costs in 2026 dollars. 3. Auslander Raus! Illegals get forced remigration to their home country or a country willing to accept them. Allowing open migration for 4 years resulted in 10's of millions needing housing. Essentially, we artificially increased housing demand. 4. Knowingly renting to illegals must be punished. Private landlords, PE, I don't care. If the above listed landlords accepted Section 8 they must either: pay full restitution to the taxpayer or enlist in the U.S. military for not less than 10 years in a careerfield which best benefits the government. I'll think of more after I have my morning coffee. Originally Posted By Ruin: Originally Posted By osprey21: Originally Posted By SubversiveSammich: Hi, millennial in his mid 30s here. Just wanted to say that in a decade or so I will be voting to strip you old bootstrap boomers of your social security, minimum it will be means tested. Maximum its abolished. Hope to do that before my kids start working. Sorry. Modern society drains the youth in all modern countries of their vitality for the sake of the comfort of the old. Gotta prioritize. This generational vampirism is going to end, might as well be peacefully. I told several of the usual suspects in a previous thread that kind of sentiment would grow and develop into exactly what Subversive just posted. You can deny the problem exists all you want, argue semantics till you're blue in the face and it doesn't matter. There IS an affordability problem within the RE community. Both mortgages and rent have outstripped wage growth for about a decade now. @Lou_Daks wants a solution before he'll consider any argument so here's where I'd start: 1. Eliminate SS, add means testing to Medicare/medicaid. If you got medical problems I feel bad for you son, bend over and grab the bootstraps. 2. Institute MAiD when you can no longer pull your bootstraps up. Let's be honest, Boomers didn't pay nearly enough in SS or Medicare/Medicaid to offset Boomer medical costs in 2026 dollars. 3. Auslander Raus! Illegals get forced remigration to their home country or a country willing to accept them. Allowing open migration for 4 years resulted in 10's of millions needing housing. Essentially, we artificially increased housing demand. 4. Knowingly renting to illegals must be punished. Private landlords, PE, I don't care. If the above listed landlords accepted Section 8 they must either: pay full restitution to the taxpayer or enlist in the U.S. military for not less than 10 years in a careerfield which best benefits the government. I'll think of more after I have my morning coffee. the boomer NIMBY mentality has got to be curbed and multi unit housing must be built. Duplexes, apartments, condos. The 25% and up cost of permits and impact fees has to be stopped or builders will have no choice but to make larger profitable homes. cities must relax building codes to allow more areas to be developed. |
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Originally Posted By DDalton: The point he is making is NOT that you should forego having a cell phone. His point IS that a cell phone bill isn't a whole lot of money, and if you can consistently save and invest that much money, it will add up to a decent chunk of change. When I got my first job out of college, I set up an auto transfer of $50/week, every Monday, from my checking to my savings account. As I made more money, I increased that amount to $75, and eventually to $100. Eventually, I had $10k in there, which at the time was months worth of my expenses, and a good emergency fund...took so much pressure off my shoulders. I maintained that balance, and then started a brokerage account, and every few months transferred everything over that 10k in that savings to the brokerage account, and eventually put most of the savings account into the brokerage money market, too, to get some interest on it. People need to stop spending money on "stuff" they don't need, with money they can't afford to blow on "stuff." We've all done it at one time or another, but most people didn't ever learn that it's not the best path to take.  |
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8 bedroom Mansion on a half acre for $270K https://www.zillow.com/homedetails/306-S-Lansing-St-Saint-Johns-MI-48879/74698414_zpid/ |
Life member of CRPA. FPC contributor.
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Originally Posted By TxRabbitBane: LOL my 22 year old son is doing just fine on his own- so are most of his peers sorry, slackers They have roommates and work just like I did at that age. They're generally smarter with money than I was at that age. A greater number of them went into trades rather than the traditional college route. The fear is that we see the same thing as before when we told everyone to get a degree. Imagine, instead of three roofing companies in your town, 15 roofing companies now exist, and tons of guys are coming to your door as skilled roofers looking for off the table work as well. What do you think that is going to do to those businesses, what do you think that is going to do to wages? You could insert any trade in this scenario. Personally, I've absolutely no problem with the young adults under 25 living at home and paying rent and saving a crap load of money. |
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Originally Posted By ark-and-spark: It’s funny. I’m in the trades. I have several young guys working for me. Ranging from 19-34 Not one of them live with their parents. And all seem very independent. The youngest recently got a place of his own. Maybe it has something to do with what they do for a living? Are they super successful? Do they even have a support system at home? Are they just making poor financial decisions and throwing money down the drain? Regional cost of living would also like to chat with you |
I wouldn't stand in front of a piss-filled supersoaker. Does that make it a good pistol? - Caboose314
I thought I was covered for 22 cans, but the NFAids is a bitch when it mutates - themagikbullet
I thought I was covered for 22 cans, but the NFAids is a bitch when it mutates - themagikbullet
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2bd starter home for 125,000 https://www.zillow.com/homedetails/304-S-Whittemore-St-Saint-Johns-MI-48879/74699675_zpid/ |
Life member of CRPA. FPC contributor.
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MI, USA
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Originally Posted By StevenH: 2bd starter home for 125,000 https://www.zillow.com/homedetails/304-S-Whittemore-St-Saint-Johns-MI-48879/74699675_zpid/ That home sold for $60k 5 years ago. |
When the going gets tough, the tough go cyclic.
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Originally Posted By TxRabbitBane: See my edit. Well raised kids with good work ethic will be just fine. Whiny, chronic underachievers have louder voices than previous generations via social media. |
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Originally Posted By fdawg: Couple more the boomer NIMBY mentality has got to be curbed and multi unit housing must be built. Duplexes, apartments, condos. The 25% and up cost of permits and impact fees has to be stopped or builders will have no choice but to make larger profitable homes. cities must relax building codes to allow more areas to be developed. careful what you wish for. I'll bet in 10 or 15 years all those apartments will be section 8 illegals. That's what happened to the last "affordable" apartments. |
Act Accordingly…
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Originally Posted By fatalerror113: Its not even been that long ago since it happened, at least in certain areas. Around 10 years ago my wife and I bought this house. Within about 5 years the housing prices in this area went up MASSIVELY. 5 more years still going up, but also, high interest on top of it. An identical couple, with identical jobs as we had 10 years ago, could not afford to buy the house I live in. Period. They wouldn't have been able to buy it 5 years ago either, but it is much worse now. The wife and I could afford to buy our house now, due to raises and promotions etc. But it would significantly change our financial situation to do so. Right now we have "buy anything we want, within reason" money. If we had to buy this house, today, with current prices and interest rates, "big fun purchases" would be much rarer and much more planned out. About 14 years ago my sister was married to a dude. She was the primary breadwinner. They bought a really nice house in a decent area. He turned out to be a shitbag. Divorced about 7 years ago. Sold the house (financially it would have been nice if she could have kept it, but she was worried she couldn't maintain it as a single working woman, and was afraid of shitbird finding excuses to keep coming around). Now she is remarried, has a kid, and they rent a crappy house on a city right on the edge of a shittier city. They cannot afford a house. So its not even people comparing their situation to their parents and grandparents. They are comparing their situation to their older siblings, cousins, and possibly even themselves a decade ago, etc. Sorry, do some people not remember 2008? I was making 50k working nights and the shitbox cape house behind us sold for $450k just before the crash. New hires in my same job are hitting 115-120k starting and that same house is worth $588k. Yea, markets are very cyclical. Talk to the fucktards who just bid $100k over asking for a $500k house. |
WTF is up with this bullshit anti-bayo lug crap. Was there a group of irrate japanese guys bonzai charging disabled school children and puppies that I wasn't aware of?
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Originally Posted By Walleyeguy24: The blinders the boomers are wearing is going to come back to fuck us all. Im gen X and in a good spot financially (3% interest rate on a home half paid off that is worth double what I paid, 3 cars of which 2 are paid off, and well funded 401ks for wife and I). The next generation is going to see very few people like my wife and I in our 40s. They are generally fucked unless extremely motivated or lucky. That all starts with housing. Republicans can really make headway with the millennials if they enact some building code and general housing reforms. I have said this in numerous threads. "Starter" homes have disappeared in suburbia. 3 bed, 2 bath, builder grade on a 1/5 acre lot don't exist. That is a modern Starter home that can be built in many areas for under 300k. That gets a plumber and a teacher in the door in home ownership in their mid to late 20s. 2 car garage, basic appliances, cabinets, bathrooms, etc. Boomers make the claim that the above isn't good enough for the millennials. It is. But all the exists is mcmansions starting at 450 to 500k and around 3000k square foot. And since they haven't been building them around here for 20 years, the older homes are all too big or expensive unless you m9ve to the inner ring suburbs or city, and then have to deal with crime and shit schools. There used to be townhouses in the 90s and 2000s, but they stopped doing those towards younger families, and now have super expensive fancy ones with all the possible upgrades for the retired boomers who dont want to do maintenance anymore. "Inflation adjusted" is like "per capita" for some generations  Attached File If this continues and the GOPe keeps rolling out Ben Shapiro (Born to rich parents on 3rd base, and he talks for a living) to give the boot-straps speech, we will end up with an AOC who will bring us Venezuela. Attached File |
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Originally Posted By fatalerror113: By that do you mean the types of people who talk about "what i paid in" to social security and "what I am owed" and "pay it back with interest"? Those types of whiny under achievers? Originally Posted By fatalerror113: Originally Posted By TxRabbitBane: See my edit. Well raised kids with good work ethic will be just fine. Whiny, chronic underachievers have louder voices than previous generations via social media. You’re talking about actual contributors, I’m not. All those contributors wanting to keep what they worked for… how terrible. From each according to their abilities, to each according to his needs, eh? |
Not fly enough to be halal....
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Originally Posted By PeoplesRepublicOfIL: https://steelcutter.substack.com/p/baby-boomers-better-beware https://substackcdn.com/image/fetch/$s_!71Fv!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc065a2e0-f39c-4c45-a682-71dd3d8a9f9f_591x540.png Originally Posted By PeoplesRepublicOfIL: https://steelcutter.substack.com/p/baby-boomers-better-beware Baby Boomers Better Beware A geronticidal fury is building to the boiling point Folks in the post-war generation born between 1946 and 1964 are now sixty or older. Scanning social media, it’s hard to miss the anger building against Baby Boomers. Those born after them are increasingly placing the blame for their woes on the unrelenting greed of the Baby Boomer generation. They believe that the Boomers had the sheer luck to be born when America was in its ascendency, and so they accumulated all the wealth, and now they are determined to take it all with them to the grave, not sharing a penny with the generations which came after. [DISCLAIMER: This post about growing PERCEPTIONS of Boomers. It’s not about how I feel, it’s about the growing anger toward older Americans, deserved or not.] The image posted on this Twitter / X thread sums up the situation. https://substackcdn.com/image/fetch/$s_!71Fv!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc065a2e0-f39c-4c45-a682-71dd3d8a9f9f_591x540.png White Baby Boomers living in single-family homes in affluent suburbs will be at the greatest risk of any demographic. The anger toward them will be come from several social vectors at the same time. People displaced from urban cores by rampant criminality will have no compunction at all against invading the homes of empty-nest Baby Boomers. Their lives will be taken in the first minutes if they are fortunate. If not, their prolonged abuse and torture will serve to amuse the new tenants. Read up on what happens to farmers in South Africa when their homes are attacked if you think I’m being hyperbolic. This is one screen capture, I could post pages and pages. Baby Boomers will make with the Boom Boom if you make with the fvck fvck. [unless they are pansified democrats and we don't give a single F about them ourselves either.] It's really sad that way to many young people really truly can't do even the most basic math, if they could, they'd realize the vast majority of what they blame Boomers for was done by the greatest and the silent [ever wonder why they keep their mouths shut  ] generations AND the democrats they put and kept in power for decades. All one has to look at is the parties who were in office as a majority for much of the time and you might get a clue on who REALLY fvcked most of what you are bitching ABOUT. |
Liberals are a curious mix of communism and fascism, they want to destroy you but want to use your own money to do it.
I'm getting down to the last box, the others have all been destroyed...
I'm getting down to the last box, the others have all been destroyed...
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Originally Posted By Geralt55: "Inflation adjusted" is like "per capita" for some generations https://www.ar15.com/media/mediaFiles/144599/HousingPricesaretotallyrealplzbro_jpg-3832147.JPG If this continues and the GOPe keeps rolling out Ben Shapiro (Born to rich parents on 3rd base, and he talks for a living) to give the boot-straps speech, we will end up with an AOC who will bring us Venezuela. https://www.ar15.com/media/mediaFiles/144599/HE_-fGmboAA3w-7_jpg-3832148.JPG Originally Posted By Geralt55: Originally Posted By Walleyeguy24: The blinders the boomers are wearing is going to come back to fuck us all. Im gen X and in a good spot financially (3% interest rate on a home half paid off that is worth double what I paid, 3 cars of which 2 are paid off, and well funded 401ks for wife and I). The next generation is going to see very few people like my wife and I in our 40s. They are generally fucked unless extremely motivated or lucky. That all starts with housing. Republicans can really make headway with the millennials if they enact some building code and general housing reforms. I have said this in numerous threads. "Starter" homes have disappeared in suburbia. 3 bed, 2 bath, builder grade on a 1/5 acre lot don't exist. That is a modern Starter home that can be built in many areas for under 300k. That gets a plumber and a teacher in the door in home ownership in their mid to late 20s. 2 car garage, basic appliances, cabinets, bathrooms, etc. Boomers make the claim that the above isn't good enough for the millennials. It is. But all the exists is mcmansions starting at 450 to 500k and around 3000k square foot. And since they haven't been building them around here for 20 years, the older homes are all too big or expensive unless you m9ve to the inner ring suburbs or city, and then have to deal with crime and shit schools. There used to be townhouses in the 90s and 2000s, but they stopped doing those towards younger families, and now have super expensive fancy ones with all the possible upgrades for the retired boomers who dont want to do maintenance anymore. "Inflation adjusted" is like "per capita" for some generations https://www.ar15.com/media/mediaFiles/144599/HousingPricesaretotallyrealplzbro_jpg-3832147.JPG If this continues and the GOPe keeps rolling out Ben Shapiro (Born to rich parents on 3rd base, and he talks for a living) to give the boot-straps speech, we will end up with an AOC who will bring us Venezuela. https://www.ar15.com/media/mediaFiles/144599/HE_-fGmboAA3w-7_jpg-3832148.JPG How many want to both get married AND buy a house? If you are mobile as far as employment and move every couple of years, buying a house is stupid as hell and that is exactly what many young people do. They want to travel, hard to do that when you have house maintenance to keep up on, an apartment, who gives a damn, there basically isn't any maintenance, yards, or anything else that you must do daily or weekly outside of pay your rent. |
Liberals are a curious mix of communism and fascism, they want to destroy you but want to use your own money to do it.
I'm getting down to the last box, the others have all been destroyed...
I'm getting down to the last box, the others have all been destroyed...
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Originally Posted By fxntime: Baby Boomers will make with the Boom Boom if you make with the fvck fvck. [unless they are pansified democrats and we don't give a single F about them ourselves either.] It's really sad that way to many young people really truly can't do even the most basic math, if they could, they'd realize the vast majority of what they blame Boomers for was done by the greatest and the silent [ever wonder why they keep their mouths shut ] generations AND the democrats they put and kept in power for decades. All one has to look at is the parties who were in office as a majority for much of the time and you might get a clue on who REALLY fvcked most of what you are bitching ABOUT.Originally Posted By fxntime: Originally Posted By PeoplesRepublicOfIL: https://steelcutter.substack.com/p/baby-boomers-better-beware Baby Boomers Better Beware A geronticidal fury is building to the boiling point Folks in the post-war generation born between 1946 and 1964 are now sixty or older. Scanning social media, it’s hard to miss the anger building against Baby Boomers. Those born after them are increasingly placing the blame for their woes on the unrelenting greed of the Baby Boomer generation. They believe that the Boomers had the sheer luck to be born when America was in its ascendency, and so they accumulated all the wealth, and now they are determined to take it all with them to the grave, not sharing a penny with the generations which came after. [DISCLAIMER: This post about growing PERCEPTIONS of Boomers. It’s not about how I feel, it’s about the growing anger toward older Americans, deserved or not.] The image posted on this Twitter / X thread sums up the situation. https://substackcdn.com/image/fetch/$s_!71Fv!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc065a2e0-f39c-4c45-a682-71dd3d8a9f9f_591x540.png White Baby Boomers living in single-family homes in affluent suburbs will be at the greatest risk of any demographic. The anger toward them will be come from several social vectors at the same time. People displaced from urban cores by rampant criminality will have no compunction at all against invading the homes of empty-nest Baby Boomers. Their lives will be taken in the first minutes if they are fortunate. If not, their prolonged abuse and torture will serve to amuse the new tenants. Read up on what happens to farmers in South Africa when their homes are attacked if you think I’m being hyperbolic. This is one screen capture, I could post pages and pages. Baby Boomers will make with the Boom Boom if you make with the fvck fvck. [unless they are pansified democrats and we don't give a single F about them ourselves either.] It's really sad that way to many young people really truly can't do even the most basic math, if they could, they'd realize the vast majority of what they blame Boomers for was done by the greatest and the silent [ever wonder why they keep their mouths shut ] generations AND the democrats they put and kept in power for decades. All one has to look at is the parties who were in office as a majority for much of the time and you might get a clue on who REALLY fvcked most of what you are bitching ABOUT.Boomers didn’t cause the problems. Their parents did by spoiling them making sure they had the greatest life at the expense of future generations without realizing it. Boomers in general are selfish though and their preaching to younger generations is bs since they know damn well the world isn’t as good of a place today as the world they grew up in. I’m Gen X and don’t really have a horse in the boomer vs millennials or younger race just calling it as I see it. |
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Originally Posted By fdawg: Again, cell phone is not "stuff they don't need". That was my point. We all know that if you invest young you can make money in the stock market. The buy the latest cell phone at 2.5k is what I was like Originally Posted By fdawg: Originally Posted By DDalton: The point he is making is NOT that you should forego having a cell phone. His point IS that a cell phone bill isn't a whole lot of money, and if you can consistently save and invest that much money, it will add up to a decent chunk of change. When I got my first job out of college, I set up an auto transfer of $50/week, every Monday, from my checking to my savings account. As I made more money, I increased that amount to $75, and eventually to $100. Eventually, I had $10k in there, which at the time was months worth of my expenses, and a good emergency fund...took so much pressure off my shoulders. I maintained that balance, and then started a brokerage account, and every few months transferred everything over that 10k in that savings to the brokerage account, and eventually put most of the savings account into the brokerage money market, too, to get some interest on it. People need to stop spending money on "stuff" they don't need, with money they can't afford to blow on "stuff." We've all done it at one time or another, but most people didn't ever learn that it's not the best path to take. Again, neither myself, nor the guy you responded to that I was clarifying the point that you are still misunderstanding, ever said a cell phone is "stuff they don't need." There is plenty of stuff that people buy these days, that they don't need, though. eta: I bought a new phone last Monday, when the store opened. Old phone got run over on Sunday around noon. I was almost lost without a phone for that 22 hours, and I'm a retired genX. But, I bought an iPhone 16, not a 17 Pro Max, and I dang sure didn't care to wait for an 18. Any of them was an upgrade from my run over 13. |
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Originally Posted By lefty-weaver-g19: Boomers didn’t cause the problems. Their parents did by spoiling them making sure they had the greatest life at the expense of future generations without realizing it. Boomers in general are selfish though and their preaching to younger generations is bs since they know damn well the world isn’t as good of a place today as the world they grew up in. I’m Gen X and don’t really have a horse in the boomer vs millennials or younger race just calling it as I see it. Originally Posted By lefty-weaver-g19: Originally Posted By fxntime: Originally Posted By PeoplesRepublicOfIL: https://steelcutter.substack.com/p/baby-boomers-better-beware Baby Boomers Better Beware A geronticidal fury is building to the boiling point Folks in the post-war generation born between 1946 and 1964 are now sixty or older. Scanning social media, it’s hard to miss the anger building against Baby Boomers. Those born after them are increasingly placing the blame for their woes on the unrelenting greed of the Baby Boomer generation. They believe that the Boomers had the sheer luck to be born when America was in its ascendency, and so they accumulated all the wealth, and now they are determined to take it all with them to the grave, not sharing a penny with the generations which came after. [DISCLAIMER: This post about growing PERCEPTIONS of Boomers. It’s not about how I feel, it’s about the growing anger toward older Americans, deserved or not.] The image posted on this Twitter / X thread sums up the situation. https://substackcdn.com/image/fetch/$s_!71Fv!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc065a2e0-f39c-4c45-a682-71dd3d8a9f9f_591x540.png White Baby Boomers living in single-family homes in affluent suburbs will be at the greatest risk of any demographic. The anger toward them will be come from several social vectors at the same time. People displaced from urban cores by rampant criminality will have no compunction at all against invading the homes of empty-nest Baby Boomers. Their lives will be taken in the first minutes if they are fortunate. If not, their prolonged abuse and torture will serve to amuse the new tenants. Read up on what happens to farmers in South Africa when their homes are attacked if you think I’m being hyperbolic. This is one screen capture, I could post pages and pages. Baby Boomers will make with the Boom Boom if you make with the fvck fvck. [unless they are pansified democrats and we don't give a single F about them ourselves either.] It's really sad that way to many young people really truly can't do even the most basic math, if they could, they'd realize the vast majority of what they blame Boomers for was done by the greatest and the silent [ever wonder why they keep their mouths shut ] generations AND the democrats they put and kept in power for decades. All one has to look at is the parties who were in office as a majority for much of the time and you might get a clue on who REALLY fvcked most of what you are bitching ABOUT.Boomers didn’t cause the problems. Their parents did by spoiling them making sure they had the greatest life at the expense of future generations without realizing it. Boomers in general are selfish though and their preaching to younger generations is bs since they know damn well the world isn’t as good of a place today as the world they grew up in. I’m Gen X and don’t really have a horse in the boomer vs millennials or younger race just calling it as I see it. Sorry, all the shit you bitch about constantly was put in place for the most part before boomers ever rose to power or even vote. The rest, under democrat power, and the boomer generation was the most conservative generation stuck between several liberal ones on either side. Sadly, we do have our share of stupid old white liberal cat farmin' women named Karen. |
Liberals are a curious mix of communism and fascism, they want to destroy you but want to use your own money to do it.
I'm getting down to the last box, the others have all been destroyed...
I'm getting down to the last box, the others have all been destroyed...
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Originally Posted By StevenH: 8 bedroom Mansion on a half acre for $270K https://www.zillow.com/homedetails/306-S-Lansing-St-Saint-Johns-MI-48879/74698414_zpid/ You have enormous quantities of electrical, plumbing, plaster/drywall, flooring, trim, windows, roofing, mechanicals and bathrooms. It’s a 125 year old mansion configured as a rehab home (apartment on 3rd floor) with 9K in annual property taxes. You ever try to repair a 125 year old home? Lulz. Better pray it’s not classified as historic—the city will eat you alive too. From an investor perspective: It sold for 251K in 2001. Then it was listed for $399K in 2008, didn’t sell at that price, and finally sold for $155K in 2009. Then it was listed for $275K in 2019, sat for about 168 days, and finally sold for $252K in 2020. Now, six years later, they’re asking $270K. The house has essentially had almost no nominal appreciation in 25 years despite the broader housing market appreciating dramatically. You’re fucking clueless. |
You see that head come apart?
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Originally Posted By 0311SKI: That home sold for $60k 5 years ago. Originally Posted By 0311SKI: Originally Posted By StevenH: 2bd starter home for 125,000 https://www.zillow.com/homedetails/304-S-Whittemore-St-Saint-Johns-MI-48879/74699675_zpid/ That home sold for $60k 5 years ago. @0311SKI Please let me play pa-paw’s game. He’s in my world, now. |
You see that head come apart?
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Originally Posted By fdawg: That's what everyone did Originally Posted By fdawg: Originally Posted By Bacon_Grease: That's basically what I did when I bought my house in 2017. One 1250sq ft starter home for a little over 185k. Bought on VA loan for the locked in rate (non-VA rates were lower but I didn't need to put anything down) Not sure what I was actually making but 60k probably isn't far off. The BCBS plan from my work had a $280 premium but was considered good with is relatively high deductibles. I generally buy used vehicles that only net about 100-150 a month in payments (Loan of only 5-10k) That really sucked at the time. The problem for me centers around the expectations we put on people. It was obvious I was barely making it then and compared to others it still looks like I am barely making it. It would be a lot easier to develop a path that looks and feels more sustainable if we normalized a similar life plan on a societal level. But even the people who claim to be responsible here can't help themselves to not flex what they have. That's what they claim at least. Difference though is I recognize how lucky I got. So I won't lecture others about avocado toast and cell phones.
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Originally Posted By TxRabbitBane: You’re talking about actual contributors, I’m not. All those contributors wanting to keep what they worked for… how terrible. From each according to their abilities, to each according to his needs, eh? Originally Posted By TxRabbitBane: Originally Posted By fatalerror113: Originally Posted By TxRabbitBane: See my edit. Well raised kids with good work ethic will be just fine. Whiny, chronic underachievers have louder voices than previous generations via social media. You’re talking about actual contributors, I’m not. All those contributors wanting to keep what they worked for… how terrible. From each according to their abilities, to each according to his needs, eh? Should boomers be denied medical care when the bills exceed their Medicare contributions? Yes or no, please. @TxRabbitBane |
You see that head come apart?
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Yeah I don't get it. You can buy a mobile home where I live 60 x 12 for $253,000.00 enlot rent only cost $600.00 a month and taxes are only $8,000.00 a year. I fail to see why people can't afford that right out of high school or college.
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All men are created equal. All guns are not.
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Originally Posted By Thefryzone: Yeah I don't get it. You can buy a mobile home where I live 60 x 12 for $253,000.00 enlot rent only cost $600.00 a month and taxes are only $8,000.00 a year. I fail to see why people can't afford that right out of high school or college. Why do you assume people deserve a new mobile home? Find a used one for $25k with $300 rent including utilities. Save up to buy a house with your 21yo virgin spouse and start having babies nine months later. If you actually work instead of having a job you should be able to retire at 55 |
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Originally Posted By WoodChuckDad: Daughter 24 living at home. Got her Masters degree last year( she paid for it and has no debt). She just got a promotion. Works in IT and finance. Will probably move out late this year or early next when her boyfriend puts a ring on her finger. I happily provide a roof over her head, a car for her to drive, medical insurance and a phone. She is youngest of Five children. Some would be welcome back if they needed. Some would not because they wouldn’t respect my home. This is honestly the change I would suggest. Simply, attitudes on how one lives their life and the expectations should reasonably change to match the new normal. People have problems because they are convinced they have to live independently from their support structures. It's weird to tell people in one breath they have to be completely set and on their own. Then try to get them to make sacrifices to their quality of living based on outdated principles to simply maintain it. Make it normal to live with family. How is living with family objectively any worse than living with roommates. Make it normal to stay close to home. Why does everyone have to move multiple states away. Make it normal to depend on one another and share. I know many are likely to respond with the affirmative. But, I would challenge them to ask either themselves or children a question. Would you feel like a failure if you moved back in with me? Am I a person you can ask for help? Is it okay if you can't buy a house till much later in life? The current way we do things is such a small snapshot in the history of man. It's okay to tweak the way we do things to increase the chances of success for ourselves and our offspring. |
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Originally Posted By TxRabbitBane: You're talking about actual contributors, I'm not. All those contributors wanting to keep what they worked for how terrible. From each according to their abilities, to each according to his needs, eh? You appear to be confused. Contribution status is largely irrelevant (though I do think we can all agree people who didn't contribute should be at the back of the line). Still, anyone complaining about it, would indeed, be a winy under achiever. Right? I mean, as a millennial, I've been paying SS tax for 25 years, with the knowledge that I will likely get little, if any of it due to the math not working out (demographics is destiny afterall). I've worked to provide financial stability independent of that, despite paying the tax. Not sure why others (especially boomers) didn't do this. Must have been winey under achievers and did not have big enough boot straps am I right? Oh i agree with you. People pretending (throughout most of their working adult lives might I add) not to understand that the financial situation of SS was set a long time ago as demographics and financial trajectories of the country did not meet projects of the previous "fixes", that it all somehow, magically, was going to "work out in the end", now want to change the system once we get the the 100% known and inevitable mathematical conclusion, to get "what they are owed". These people are indeed thinking exactly in manners consistent with socialism "doesn't matter what the system is, I NEED TO GET MINE, even if we need to change the rules to take it from someone else", and all that. The people who repeat those phrases ("what I put in, pay me back with interest, what I am owed") could very easily add in the similar line of thinking of "from each according to their abilities, to each according to his needs", as apparently that is how they want to "fix" the system to "get theirs". Which again, implies underachievement and a lack of boot straps. |
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Originally Posted By fxntime: Sorry, all the shit you bitch about constantly was put in place for the most part before boomers ever rose to power or even vote. The rest, under democrat power, and the boomer generation was the most conservative generation stuck between several liberal ones on either side. Sadly, we do have our share of stupid old white liberal cat farmin' women named Karen. Originally Posted By fxntime: Originally Posted By lefty-weaver-g19: Originally Posted By fxntime: Originally Posted By PeoplesRepublicOfIL: https://steelcutter.substack.com/p/baby-boomers-better-beware Baby Boomers Better Beware A geronticidal fury is building to the boiling point Folks in the post-war generation born between 1946 and 1964 are now sixty or older. Scanning social media, it’s hard to miss the anger building against Baby Boomers. Those born after them are increasingly placing the blame for their woes on the unrelenting greed of the Baby Boomer generation. They believe that the Boomers had the sheer luck to be born when America was in its ascendency, and so they accumulated all the wealth, and now they are determined to take it all with them to the grave, not sharing a penny with the generations which came after. [DISCLAIMER: This post about growing PERCEPTIONS of Boomers. It’s not about how I feel, it’s about the growing anger toward older Americans, deserved or not.] The image posted on this Twitter / X thread sums up the situation. https://substackcdn.com/image/fetch/$s_!71Fv!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc065a2e0-f39c-4c45-a682-71dd3d8a9f9f_591x540.png White Baby Boomers living in single-family homes in affluent suburbs will be at the greatest risk of any demographic. The anger toward them will be come from several social vectors at the same time. People displaced from urban cores by rampant criminality will have no compunction at all against invading the homes of empty-nest Baby Boomers. Their lives will be taken in the first minutes if they are fortunate. If not, their prolonged abuse and torture will serve to amuse the new tenants. Read up on what happens to farmers in South Africa when their homes are attacked if you think I’m being hyperbolic. This is one screen capture, I could post pages and pages. Baby Boomers will make with the Boom Boom if you make with the fvck fvck. [unless they are pansified democrats and we don't give a single F about them ourselves either.] It's really sad that way to many young people really truly can't do even the most basic math, if they could, they'd realize the vast majority of what they blame Boomers for was done by the greatest and the silent [ever wonder why they keep their mouths shut ] generations AND the democrats they put and kept in power for decades. All one has to look at is the parties who were in office as a majority for much of the time and you might get a clue on who REALLY fvcked most of what you are bitching ABOUT.Boomers didn’t cause the problems. Their parents did by spoiling them making sure they had the greatest life at the expense of future generations without realizing it. Boomers in general are selfish though and their preaching to younger generations is bs since they know damn well the world isn’t as good of a place today as the world they grew up in. I’m Gen X and don’t really have a horse in the boomer vs millennials or younger race just calling it as I see it. Sorry, all the shit you bitch about constantly was put in place for the most part before boomers ever rose to power or even vote. The rest, under democrat power, and the boomer generation was the most conservative generation stuck between several liberal ones on either side. Sadly, we do have our share of stupid old white liberal cat farmin' women named Karen. What am I bitching about ? I own my house and have no debt about ready to retire and I’m 52. Most boomers I know are democrats and since they were the largest population politicians cater to what they wanted. How is the smaller voting base of Gen X responsible for the countries problems? I started working on a farm at age 12 saw mill at 16 construction at 18. I’ve out worked many a boomer. I replaced a boomer where I work and broke every metric since taking over. I’m still ripped with a six pack and boomers with fat guts wanna tell me to pull up my bootstrap lol I can still bale hay all day so bring it on. |
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in 2008 I had a two bedroom two bath apartment with 1180 sqft and it was $800 a month. I made $68k as a district manager with a degree. Now that apartment is $16-1800 and college graduates are making $5-59k starting in North Texas, per Zip Recruiter. No shit kids today have it worse. It's not the avocado toast and cell phones either. I work with 20-60 year olds and only the old heads have Iphone 16-17+ or Samsung S24 or newer. These kids have 3-4 year old phones with buster screens and they are still driving Civics and Rav4s, but they all cost 35-40k new now. |
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Originally Posted By zander712: My mom put all my stuff out in the yard when i was 21 and left a note saying leave the key on the counter. I never held that against her. I was out before I was 18 voluntarily my boomer step dad was an abusive alcoholic I said fuck this I can do better in my own. Both my parents were democrats also my mom was spoiled by grandpa. Her sister is your typical obnoxious Democrat single old cat owner with TDS. |
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Originally Posted By lefty-weaver-g19: It’s a lie that boomers are mostly republicans and other generations are all libs. If anything younger generations are mostly against the 2 party system because they are likely smarter and realize both parties are fucking them. That large voting block of boomers is undeniable although with a slight majority of republicans they clearly believe more in the two party system and are catered to by politicians due to their large advantage in numbers. Gen X has a slight majority republican but much smaller numbers and started the shift of not trusting in the two party system. Their issues were largely ignored because they don’t have the numbers. 32 percent of that huge boomer generation are democrats with only a slightly higher percentage republican while only 25 percent of Gen X are registered democrats. https://i.postimg.cc/3wy0YyRX/IMG-0645.jpg" target="_blank">https://i.postimg.cc/3wy0YyRX/IMG-0645.jpg Registered party affiliation means exactly jack and shit, it's how they vote in the general elections that matters. |
Liberals are a curious mix of communism and fascism, they want to destroy you but want to use your own money to do it.
I'm getting down to the last box, the others have all been destroyed...
I'm getting down to the last box, the others have all been destroyed...
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Originally Posted By lefty-weaver-g19: It’s a lie that boomers are mostly republicans and other generations are all libs. If anything younger generations are mostly against the 2 party system because they are likely smarter and realize both parties are fucking them. That large voting block of boomers is undeniable although with a slight majority of republicans they clearly believe more in the two party system and are catered to by politicians due to their large advantage in numbers. Gen X has a slight majority republican but much smaller numbers and started the shift of not trusting in the two party system. Their issues were largely ignored because they don’t have the numbers. 32 percent of that huge boomer generation are democrats with only a slightly higher percentage republican while only 25 percent of Gen X are registered democrats. https://i.postimg.cc/3wy0YyRX/IMG-0645.jpg" target="_blank">https://i.postimg.cc/3wy0YyRX/IMG-0645.jpg My parents are in their 70s and have completely flipped. They hate even the good stuff trump does, went covid shot crazy, and try to give me CNN "facts" regularly. It has been odd to watch. I love them, but I completely ignore anything they say related to politics. If the make a comment, I just carry on as if I didnt even hear them. |
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Originally Posted By ApacheScout: That's exactly what California did. The state supersedes local building codes so now mega builders can build soviet style 12-16 story apartment buildings in a city with a previous 3 story limit downtown. It's starting to look like downtown San Francisco. Oh, the building have very little parking as the city thinks everyone will walk or use the useless train that was just built that fucks up traffic for everyone. careful what you wish for. I'll bet in 10 or 15 years all those apartments will be section 8 illegals. That's what happened to the last "affordable" apartments. In Utah, the cities want to require sufficient parking, but the state passed superseding regulations that prevent it. |
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Originally Posted By RolandofGilead: GD has the weirdest blinders on to the fact that the housing market is complete trash, and has been for some time, with no indication that it's going to let up. You can't make a man understand something when his paycheck depends on him not understanding it. Your posts in this thread have been excellent by the way. |
Joined:
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Posts:
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CO, USA
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Here’s our budget in Reno same as Colorado. 35 married and 1 kid: $3000 mortgage $600 health insurance $400 car insurance $150 phone/ internet $500 gas $1200 food $20 streaming $60 gym $500 misc/ discretionary Total: $6430 per month. I make $100k, $6666 per month after taxes. You old people are delusional on how modern life is now. |
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Originally Posted By volwrath91: Here’s our budget in Reno same as Colorado. 35 married and 1 kid: $3000 mortgage $600 health insurance $400 car insurance $150 phone/ internet $500 gas $1200 food $20 streaming $60 gym $500 misc/ discretionary Total: $6430 per month. I make $100k, $6666 per month after taxes. You old people are delusional on how modern life is now. Are you saving for retirement? |
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Originally Posted By 0311SKI: That home sold for $60k 5 years ago. Originally Posted By 0311SKI: Originally Posted By StevenH: 2bd starter home for 125,000 https://www.zillow.com/homedetails/304-S-Whittemore-St-Saint-Johns-MI-48879/74699675_zpid/ That home sold for $60k 5 years ago. And today you can afford it working part time at Starbucks |
Life member of CRPA. FPC contributor.
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Originally Posted By Ruin: You have enormous quantities of electrical, plumbing, plaster/drywall, flooring, trim, windows, roofing, mechanicals and bathrooms. It’s a 125 year old mansion configured as a rehab home (apartment on 3rd floor) with 9K in annual property taxes. You ever try to repair a 125 year old home? Lulz. Better pray it’s not classified as historic—the city will eat you alive too. From an investor perspective: It sold for 251K in 2001. Then it was listed for $399K in 2008, didn’t sell at that price, and finally sold for $155K in 2009. Then it was listed for $275K in 2019, sat for about 168 days, and finally sold for $252K in 2020. Now, six years later, they’re asking $270K. The house has essentially had almost no nominal appreciation in 25 years despite the broader housing market appreciating dramatically. You’re fucking clueless. Originally Posted By Ruin: Originally Posted By StevenH: 8 bedroom Mansion on a half acre for $270K https://www.zillow.com/homedetails/306-S-Lansing-St-Saint-Johns-MI-48879/74698414_zpid/ You have enormous quantities of electrical, plumbing, plaster/drywall, flooring, trim, windows, roofing, mechanicals and bathrooms. It’s a 125 year old mansion configured as a rehab home (apartment on 3rd floor) with 9K in annual property taxes. You ever try to repair a 125 year old home? Lulz. Better pray it’s not classified as historic—the city will eat you alive too. From an investor perspective: It sold for 251K in 2001. Then it was listed for $399K in 2008, didn’t sell at that price, and finally sold for $155K in 2009. Then it was listed for $275K in 2019, sat for about 168 days, and finally sold for $252K in 2020. Now, six years later, they’re asking $270K. The house has essentially had almost no nominal appreciation in 25 years despite the broader housing market appreciating dramatically. You’re fucking clueless. A house is a place to fuck, sleep and store your shit. That one has an apartment you can rent out to help with your mortgage. Clueless is a funny description for someone with three homes and shopping for a fourth. |
Life member of CRPA. FPC contributor.
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Originally Posted By volwrath91: Here’s our budget in Reno same as Colorado. 35 married and 1 kid: $3000 mortgage $600 health insurance $400 car insurance $150 phone/ internet $500 gas $1200 food $20 streaming $60 gym $500 misc/ discretionary Total: $6430 per month. I make $100k, $6666 per month after taxes. You old people are delusional on how modern life is now. How are your taxes that high? Max out your tax advantaged investment accounts yo lower your taxable income. That plus having a child and mortgage interest should bring your effective tax rate damn near zero. |
Life member of CRPA. FPC contributor.
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Originally Posted By sanausnol: Looks like the closest Starbucks is 20 miles away. Really cuts into the take home pay with that kind of commute. Originally Posted By sanausnol: Originally Posted By StevenH: And today you can afford it working part time at Starbucks Looks like the closest Starbucks is 20 miles away. Really cuts into the take home pay with that kind of commute. Not really. My two oldest daughters are both Starbucks managers while attending college. They do very well. Well enough to pay their own tuition, Gas, cars, insurance and the oldest is currently looking to buy a house. There’s no lack of affordable homes. There’s a lack of brand new affordable homes in places with Mediterranean climates. If you are willing to live someplace like Michigan or Iowa, in a small town you can afford a perfectly livable house, easily. The ones I linked are within a half hour commute to thousands of manufacturing jobs. |
Life member of CRPA. FPC contributor.
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3bd home for $140K. 20-minutes from Michigan State University https://www.zillow.com/homedetails/411-E-Grand-River-Rd-Laingsburg-MI-48848/122607953_zpid/ |
Life member of CRPA. FPC contributor.
| https://www.zillow.com/homedetails/1714-Missouri-Ave-East-Saint-Louis-IL-62205/5229212_zpid/?utm_campaign=zillowwebmessage&utm_medium=referral&utm_source=txtshare $12,000 house in East St.Louis. Jobs just across the river. Of course there is the problem of high chance of getting shot. I suspect a lot of the posters claiming there is no problem just want to protect their investments. |
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Originally Posted By fxntime: Sorry, all the shit you bitch about constantly was put in place for the most part before boomers ever rose to power or even vote. The rest, under democrat power, and the boomer generation was the most conservative generation stuck between several liberal ones on either side. Sadly, we do have our share of stupid old white liberal cat farmin' women named Karen. may want to look into medicare part D sport |