@audrawrongspeak If the American family average is 2 kids, 1 boy 1 girl, they get their own room regardless once they hit a certain age. Enough families do that, it becomes a societal norm.
@MmisterNobody If you're in a major area, almost certainly. A small starter home that's 1000-1200 sq ft would be $5200+ mortgage with 10% down. My apartment might only be 800 sq ft but it's $2600 and has a garage and full gym included in that. Northern VA
@AndrewCFollett My husband's parents don't outright call him lazy but they do make comments every visit about how he must not be working hard/saving enough since we can't buy a home right now. He makes more money at 28 than his dad ever did in a year, and has gotten 3 promotions in 5 years. ๐ค
@marcportermagee Remote & hybrid work options becoming far more prevalent during covid contributed to this for sure. In general families were not previously considering having to have a separate work area/quiet space for calls, etc.
@themoviedadsc I think at least part of what it is, is if that hardworking kid's siblings are not, they don't want to have to give "fair and equal" amounts to those kids, so better to give none at all. The boomer mentality of "fair and equal portions" runs very deep.
Honestly I am more pessimistic than I ought to be because of the housing market. Life would be so charmed if it werenโt for that.
Nothing will make me feel better about saving up a hundred thousand dollars for the conventional loan down payment on a typical suburban home.
@Kittenfish817 My roommate got engaged to her bf after a year. One night she came in, didn't realize I was home, and was on speaker phone with a friend, detailing how she planned to move him into the apartment AFTER the wedding!! When I confronted her, she was confused why I cared so much ๐
What bothers people isn't your advice, its that you give that advice only to paper over the fact the country is fundamentally a worse place and continues to get worse.
No Amount of frugal living stops AI from destroying jobs.
No Amount of frugal living removes the 200 million immigrants.
No Amount of frugal living stops Muslim enclaves from forming.
That's the problem.
The ability of the Boomer to both berate the younger generation for spending more than $2 on lunch while in the same breath refusing to take ownership for hyperinflation is why people despise them with everything they have
@UtahFlatRanger Dont forget 20% down in this scenario is 70k. Plus an extra 10-15k for closing costs, inspection, etc. Essentially need the median HHI available in liquid cash to buy a 350k house
@bradtherambler Also, I can't get over how many people shop at Aldi. Like idk what yours look like, but the one in my old town was absolutely disgusting and so much of the food is processed junk. Like I get there are hidden gems, but I haven't found them so far.
@martianwyrdlord Lots of small towns in the Deep South. But I'd reframe the question as "where are the 230k homes that don't also need 30-80k of necessary home repairs immediately"? New roof, mold remediation, appliances, compliant electrical.... that adds up and isn't stuff that can be put off.
@bradtherambler Also, I can't get over how many people shop at Aldi. Like idk what yours look like, but the one in my old town was absolutely disgusting and so much of the food is processed junk. Like I get there are hidden gems, but I haven't found them so far.