Anyone else who will likely never be a home owner?

[Anonymous]

25 years in the military and 11 moves. The only way we could be homeowners here now is if we had been long-distance landlords for at least a decade. But it’s nice to hear that you think everyone in this position is lazy, irresponsible, and immature.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
OK. I'll bite. I'm a gen xer in my mid-40s. What systemic barriers did you face that i didn't?

Multiple recessions

Gen Xer here who graduated college in a recession and spent years underwater on a condo during the Great Recession of 2008. I also had unpaid parental leave and had to pay 100% of my student loans even though I’ve spent my career in public service.

What recession did you graduate from college in?

Gen-X here -- graduated during early 90's. Could not get a job. PhDs were driving cabs. Look it up

yep! I graduated in 1990, had to work two retail jobs to pay the bills.

Wow, hair styled professionally?? Manicures? HOW COULD THEY. We should all just look like slobs so that we can buy a house.

Sorry but the tone that you write in is just so condescending. Not everyone’s goal in life is to save for a house but glad you achieved your goal.

For how long? That's not really a sob story. Poor little thing had to work retail after college!

I worked three jobs, and two of them were pretty crappy bosses! I knew from growing up in a lower income environment that saving and making money was my only way out, I watched and I learned what I did not want for my own life. Meanwhile my friends had their hair styled professionally, nails (sculptured at the time) were always on point, clothing spectacular and they had credit card bills out the a... It was a matter of choices, I wanted to own my own condo more than anything. I accomplished that by my mid twenties because I worked multiple jobs even while in school. Did it suck, yes, but so did growing up poor and hungry. I have a good life now because I sacrificed while so many of my long time friends did not and they are paying that price now.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
OK. I'll bite. I'm a gen xer in my mid-40s. What systemic barriers did you face that i didn't?

Multiple recessions

Gen Xer here who graduated college in a recession and spent years underwater on a condo during the Great Recession of 2008. I also had unpaid parental leave and had to pay 100% of my student loans even though I’ve spent my career in public service.

What recession did you graduate from college in?

Gen-X here -- graduated during early 90's. Could not get a job. PhDs were driving cabs. Look it up

yep! I graduated in 1990, had to work two retail jobs to pay the bills.

For how long? That's not really a sob story. Poor little thing had to work retail after college!

I worked three jobs, and two of them were pretty crappy bosses! I knew from growing up in a lower income environment that saving and making money was my only way out, I watched and I learned what I did not want for my own life. Meanwhile my friends had their hair styled professionally, nails (sculptured at the time) were always on point, clothing spectacular and they had credit card bills out the a... It was a matter of choices, I wanted to own my own condo more than anything. I accomplished that by my mid twenties because I worked multiple jobs even while in school. Did it suck, yes, but so did growing up poor and hungry. I have a good life now because I sacrificed while so many of my long time friends did not and they are paying that price now.

Ok ... You're only young once and you still sound envious of your friends.

Correction, I was never envious of them, I actually felt sorry for them. I see that I was able to join them at clubs without going for their excesses, I did not need the nails or a new outfit every time and I got the same attention. Missed out on nothing, did everything I wanted to do and am very happy with my life choices. I'd love to share with you the disaster some of their choices have left them, but I don't want to put their lives all over an anonymous board. Suffice it say, I've never not been happy with my choices and have never looked in the mirror and muttered, "poor me." Choices, we all have the freedom to make them just as you chose to insult me with your own insecurities. Live well!

I wonder if your friends know you look down on them so much. And that's great that you cut your own hair and did your own nails. I applaud you.

[Anonymous]

Anonymous wrote:25 years in the military and 11 moves. The only way we could be homeowners here now is if we had been long-distance landlords for at least a decade. But it’s nice to hear that you think everyone in this position is lazy, irresponsible, and immature.

Most people I work with who were in the military that long own multiple homes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:25 years in the military and 11 moves. The only way we could be homeowners here now is if we had been long-distance landlords for at least a decade. But it’s nice to hear that you think everyone in this position is lazy, irresponsible, and immature.

Most people I work with who were in the military that long own multiple homes.

+1; us included.

[Anonymous]

Anonymous wrote:

Anonymous wrote:25 years in the military and 11 moves. The only way we could be homeowners here now is if we had been long-distance landlords for at least a decade. But it’s nice to hear that you think everyone in this position is lazy, irresponsible, and immature.

Most people I work with who were in the military that long own multiple homes.

Because they were long distance landlords.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:25 years in the military and 11 moves. The only way we could be homeowners here now is if we had been long-distance landlords for at least a decade. But it’s nice to hear that you think everyone in this position is lazy, irresponsible, and immature.

Most people I work with who were in the military that long own multiple homes.

Because they were long distance landlords.

...because they made the decision to take these risks and extra burden in order to build equity and benefit from appreciation. Building wealth isn't easy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:25 years in the military and 11 moves. The only way we could be homeowners here now is if we had been long-distance landlords for at least a decade. But it’s nice to hear that you think everyone in this position is lazy, irresponsible, and immature.

Most people I work with who were in the military that long own multiple homes.

Because they were long distance landlords.

...because they made the decision to take these risks and extra burden in order to build equity and benefit from appreciation. Building wealth isn't easy.

Exactly. Some people create their own wealth and some people create their own problems.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
OK. I'll bite. I'm a gen xer in my mid-40s. What systemic barriers did you face that i didn't?

Multiple recessions

Gen Xer here who graduated college in a recession and spent years underwater on a condo during the Great Recession of 2008. I also had unpaid parental leave and had to pay 100% of my student loans even though I’ve spent my career in public service.

What recession did you graduate from college in?

Gen-X here -- graduated during early 90's. Could not get a job. PhDs were driving cabs. Look it up

yep! I graduated in 1990, had to work two retail jobs to pay the bills.

For how long? That's not really a sob story. Poor little thing had to work retail after college!

I worked three jobs, and two of them were pretty crappy bosses! I knew from growing up in a lower income environment that saving and making money was my only way out, I watched and I learned what I did not want for my own life. Meanwhile my friends had their hair styled professionally, nails (sculptured at the time) were always on point, clothing spectacular and they had credit card bills out the a... It was a matter of choices, I wanted to own my own condo more than anything. I accomplished that by my mid twenties because I worked multiple jobs even while in school. Did it suck, yes, but so did growing up poor and hungry. I have a good life now because I sacrificed while so many of my long time friends did not and they are paying that price now.

Ok ... You're only young once and you still sound envious of your friends.

And this in a nutshell describes the people on this post looking for sympathy about not being in a position to buy a house. You have reversed the tried and true formula of saving in your youth and working hard in your youth so you can enjoy your life as your age. You want everything given to you even though you have chosen not to make the sacrifices others have made, be it a commute or multiple jobs or few children. YOUTH IS WAISTED ON THE YOUNG, because it comes with niativity and sadly selfish choices that most likely will not benefit you in the long run.

I have a niece and her loser husband who lived this way, don't need to own, could care less, traveled without reservation about the future consequences. She owns a house now because her parents finally got sick of the crap and made the down payment for them, only after they whined and whined about the 3,500.00 per month rent cost killing them. I guess she wins in the end, but did she? Or was she just bailed out be an older parent (who really could not afford this generosity) who will put her retirement plans aside to compensate for their wasteful ways in their youth. I would never do this to my parents, never.

I guarantee this isn't the first time they bailed out your niece. You don't accidentally raise someone who's financially irresponsible.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:25 years in the military and 11 moves. The only way we could be homeowners here now is if we had been long-distance landlords for at least a decade. But it’s nice to hear that you think everyone in this position is lazy, irresponsible, and immature.

Most people I work with who were in the military that long own multiple homes.

Because they were long distance landlords.

...because they made the decision to take these risks and extra burden in order to build equity and benefit from appreciation. Building wealth isn't easy.

You’re trying to be right in an argument that isn’t happening. I was referring to PP’s who said people who can’t buy need an education or to work harder. Congratulations to you though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
OK. I'll bite. I'm a gen xer in my mid-40s. What systemic barriers did you face that i didn't?

Multiple recessions

Gen Xer here who graduated college in a recession and spent years underwater on a condo during the Great Recession of 2008. I also had unpaid parental leave and had to pay 100% of my student loans even though I’ve spent my career in public service.

What recession did you graduate from college in?

Gen-X here -- graduated during early 90's. Could not get a job. PhDs were driving cabs. Look it up

yep! I graduated in 1990, had to work two retail jobs to pay the bills.

For how long? That's not really a sob story. Poor little thing had to work retail after college!

I worked three jobs, and two of them were pretty crappy bosses! I knew from growing up in a lower income environment that saving and making money was my only way out, I watched and I learned what I did not want for my own life. Meanwhile my friends had their hair styled professionally, nails (sculptured at the time) were always on point, clothing spectacular and they had credit card bills out the a... It was a matter of choices, I wanted to own my own condo more than anything. I accomplished that by my mid twenties because I worked multiple jobs even while in school. Did it suck, yes, but so did growing up poor and hungry. I have a good life now because I sacrificed while so many of my long time friends did not and they are paying that price now.

A bit of an aside: I'm always confused when people seem to know the details of their friends' finances, down to credit card bills. There have been periods in our lives due to unexpected circumstances where we carried a high credit card balance, but I never would have discussed such things with my friends. Sure, I know who is renting or who isn't and can certainly guess incomes and such from their homes, but I generally think people's finances are so individual that its hard to know whats really going on.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:25 years in the military and 11 moves. The only way we could be homeowners here now is if we had been long-distance landlords for at least a decade. But it’s nice to hear that you think everyone in this position is lazy, irresponsible, and immature.

Most people I work with who were in the military that long own multiple homes.

Because they were long distance landlords.

...because they made the decision to take these risks and extra burden in order to build equity and benefit from appreciation. Building wealth isn't easy.

You’re trying to be right in an argument that isn’t happening. I was referring to PP’s who said people who can’t buy need an education or to work harder. Congratulations to you though.

But you could buy. You chose not to.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
OK. I'll bite. I'm a gen xer in my mid-40s. What systemic barriers did you face that i didn't?

Multiple recessions

Gen Xer here who graduated college in a recession and spent years underwater on a condo during the Great Recession of 2008. I also had unpaid parental leave and had to pay 100% of my student loans even though I’ve spent my career in public service.

What recession did you graduate from college in?

Gen-X here -- graduated during early 90's. Could not get a job. PhDs were driving cabs. Look it up

yep! I graduated in 1990, had to work two retail jobs to pay the bills.

For how long? That's not really a sob story. Poor little thing had to work retail after college!

I worked three jobs, and two of them were pretty crappy bosses! I knew from growing up in a lower income environment that saving and making money was my only way out, I watched and I learned what I did not want for my own life. Meanwhile my friends had their hair styled professionally, nails (sculptured at the time) were always on point, clothing spectacular and they had credit card bills out the a... It was a matter of choices, I wanted to own my own condo more than anything. I accomplished that by my mid twenties because I worked multiple jobs even while in school. Did it suck, yes, but so did growing up poor and hungry. I have a good life now because I sacrificed while so many of my long time friends did not and they are paying that price now.

A bit of an aside: I'm always confused when people seem to know the details of their friends' finances, down to credit card bills. There have been periods in our lives due to unexpected circumstances where we carried a high credit card balance, but I never would have discussed such things with my friends. Sure, I know who is renting or who isn't and can certainly guess incomes and such from their homes, but I generally think people's finances are so individual that its hard to know whats really going on.

DP here but some of us were in a very tight circle where we actually did know everyone's business. Some social circles are very tight-lipped about money and some aren't. I respect the pp you're responding to. She didn't cave into the fancy nails, weekly hair salon trips, and expensive clothes. Instead she focused on her future and it paid off.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
OK. I'll bite. I'm a gen xer in my mid-40s. What systemic barriers did you face that i didn't?

Multiple recessions

Gen Xer here who graduated college in a recession and spent years underwater on a condo during the Great Recession of 2008. I also had unpaid parental leave and had to pay 100% of my student loans even though I’ve spent my career in public service.

What recession did you graduate from college in?

Gen-X here -- graduated during early 90's. Could not get a job. PhDs were driving cabs. Look it up

yep! I graduated in 1990, had to work two retail jobs to pay the bills.

For how long? That's not really a sob story. Poor little thing had to work retail after college!

I worked three jobs, and two of them were pretty crappy bosses! I knew from growing up in a lower income environment that saving and making money was my only way out, I watched and I learned what I did not want for my own life. Meanwhile my friends had their hair styled professionally, nails (sculptured at the time) were always on point, clothing spectacular and they had credit card bills out the a... It was a matter of choices, I wanted to own my own condo more than anything. I accomplished that by my mid twenties because I worked multiple jobs even while in school. Did it suck, yes, but so did growing up poor and hungry. I have a good life now because I sacrificed while so many of my long time friends did not and they are paying that price now.

A bit of an aside: I'm always confused when people seem to know the details of their friends' finances, down to credit card bills. There have been periods in our lives due to unexpected circumstances where we carried a high credit card balance, but I never would have discussed such things with my friends. Sure, I know who is renting or who isn't and can certainly guess incomes and such from their homes, but I generally think people's finances are so individual that its hard to know whats really going on.

DP here but some of us were in a very tight circle where we actually did know everyone's business. Some social circles are very tight-lipped about money and some aren't. I respect the pp you're responding to. She didn't cave into the fancy nails, weekly hair salon trips, and expensive clothes. Instead she focused on her future and it paid off.

Not sure if you thought I was being argumentative with the PP's post, but wasn't my focus which is why I didn't state either way if I "respected" the PP or not. Rather my aside was prompted from the fact that I also have very close friends and family ...but we do not discuss the details of finances. Totally just my personal opinion, but seems a recipe for gossip.

I'm an only child and incredibly close to my folks, see them several times a week, and the only time we now discuss finances is in regard to their retirement/plans and needs for their later years. I honestly don't even know if I will inherit anything, though imagine I will. So to hear folks commenting on friends' credit cards was a surprise. Seems like I'm definitely an outlier, though.

-35-year-old homeowner as well as a parent, in case anyone was going to stereotype me as someone as great hair and nails (feel free to do so though!).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:25 years in the military and 11 moves. The only way we could be homeowners here now is if we had been long-distance landlords for at least a decade. But it’s nice to hear that you think everyone in this position is lazy, irresponsible, and immature.

Most people I work with who were in the military that long own multiple homes.

Because they were long distance landlords.

...because they made the decision to take these risks and extra burden in order to build equity and benefit from appreciation. Building wealth isn't easy.

You’re trying to be right in an argument that isn’t happening. I was referring to PP’s who said people who can’t buy need an education or to work harder. Congratulations to you though.

But you could buy. You chose not to.

Right, and I bet they won't be buying any time soon either. Ultimately it's a desire to own or not a desire to own. And there's no right answer, just personal preference.