If you were born in 1990, how do you plan on ever affording a house?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Gosh, what a bunch of crybabies.

When I graduated from school, mortgage interest rates were around 17 percent. So I got a roommate and just rented an apartment. When I bought my first house at age 30, the rates were 13 percent. I bought a simple, 3 bedroom 2bath house in a very working class neighborhood in the South. Fixed it up, held onto it until in tripled in value, then moved to an even lower cost area for my 4 bedroom, 3 bath home with lake access. I was 45.

We boomers bought small, waited, and moved up as the economy allowed.

Millennials want everything NOW and they want it to be HGTV perfect, with the perfect school district.

And they want avocado turkey Breast sandwiches with chai lemon iced tea and a chop salad for lunch . Netflix and Rock climbing gym with unlimited data plan with a hybrid engine.

And baby boomers want their pills cut into their mashed banana with metamucil mixed in. they want extra guard rails around the toilet in their room, and lfor their attendant to let them "win" at chess. Hey I guess everyone can play this game

But you are going to need that too. And we did without the finicky expensive habits of milennials.

Who knows, with the Health advances being made. And we're not there now, and you are. Now eat those bananas.

Nah we played outside as kids and processed foods didn't exist. Your sedentary computer lifestyle is diabetes central.

And and now you guys are old, wrinkly and obese. where did it all go so wrong?

I'm a millenial and you make no sense, you are embarrassing. People our age are fatter and unhealthier than ever before. I look at women in their early 20s with guts like middle aged men flapping over their low rise jeans.

And old people are fatter than ever before. Do you find it embarrassing when a baby boomer makes generalizations about diabetes and a "sedentary computer lifestyle"?

You sling insults about getting wrinkles and eating soft food, as if we millenials somehow will be able to avoid that. It was really silly and then you somehoe draw some conclusion that millenials will avoid aging due to medical advances.

I will say thougj, that there's no denying the sedentary modern lifestyle. You can't even compare the two generations on that account. I was justvin Orlando for a conference and felt like i was surrounded by the people from wall-e. These were young people like myself. Really gross.

Right… treatments for aging and life expectancy are expected to change over the next 50 years. I'm not sure why that would be a surprise to you but… Now you know.

Insults gets long at millennials all the time, even by there by our own age group as you demonstrate. So people can sling insults at us it goes both ways. That's life- deal with it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Gosh, what a bunch of crybabies.

When I graduated from school, mortgage interest rates were around 17 percent. So I got a roommate and just rented an apartment. When I bought my first house at age 30, the rates were 13 percent. I bought a simple, 3 bedroom 2bath house in a very working class neighborhood in the South. Fixed it up, held onto it until in tripled in value, then moved to an even lower cost area for my 4 bedroom, 3 bath home with lake access. I was 45.

We boomers bought small, waited, and moved up as the economy allowed.

Millennials want everything NOW and they want it to be HGTV perfect, with the perfect school district.

And they want avocado turkey Breast sandwiches with chai lemon iced tea and a chop salad for lunch . Netflix and Rock climbing gym with unlimited data plan with a hybrid engine.

And baby boomers want their pills cut into their mashed banana with metamucil mixed in. they want extra guard rails around the toilet in their room, and lfor their attendant to let them "win" at chess. Hey I guess everyone can play this game

But you are going to need that too. And we did without the finicky expensive habits of milennials.

Who knows, with the Health advances being made. And we're not there now, and you are. Now eat those bananas.

Nah we played outside as kids and processed foods didn't exist. Your sedentary computer lifestyle is diabetes central.

And and now you guys are old, wrinkly and obese. where did it all go so wrong?

I'm a millenial and you make no sense, you are embarrassing. People our age are fatter and unhealthier than ever before. I look at women in their early 20s with guts like middle aged men flapping over their low rise jeans.

And old people are fatter than ever before. Do you find it embarrassing when a baby boomer makes generalizations about diabetes and a "sedentary computer lifestyle"?

This might be true, but I am SHOCKED at how fat millenials are. We did not have guts hanging over our pants at 25. We just didn't. The clothes are so tight. No one wants to see your jiggly ass. I'm a gen xer. Actually, most of my friends are still in shape. No guts and jiggly asses.

And most of my friends are in shape too. I'm a millennial. But the fact is on a statistical level things have changed for every single age group. Obesity is much higher across the board. So the slinging of rocks at millennial's as if it's the only group with a higher BMI is absurd and ridiculous

Yes, but you are young. Do you know how easy it is to be skinny when you are young? No, you don't know yet. Shit gets hard after 45.

[Anonymous]

To take a break from the fat shaming....


I really hope all the older folks (I'm one!), and especially the ones with heroic stories of home buying, get that if the young generations aren't able to afford homes, you just might find that that house you the older folks worked so hard to get might be worth less than you imagined!

Seriously, stop thinking this stuff is automatically whining. They might just be looking out for your financial future!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Gosh, what a bunch of crybabies.

When I graduated from school, mortgage interest rates were around 17 percent. So I got a roommate and just rented an apartment. When I bought my first house at age 30, the rates were 13 percent. I bought a simple, 3 bedroom 2bath house in a very working class neighborhood in the South. Fixed it up, held onto it until in tripled in value, then moved to an even lower cost area for my 4 bedroom, 3 bath home with lake access. I was 45.

We boomers bought small, waited, and moved up as the economy allowed.

Millennials want everything NOW and they want it to be HGTV perfect, with the perfect school district.

And they want avocado turkey Breast sandwiches with chai lemon iced tea and a chop salad for lunch . Netflix and Rock climbing gym with unlimited data plan with a hybrid engine.

And baby boomers want their pills cut into their mashed banana with metamucil mixed in. they want extra guard rails around the toilet in their room, and lfor their attendant to let them "win" at chess. Hey I guess everyone can play this game

But you are going to need that too. And we did without the finicky expensive habits of milennials.

Who knows, with the Health advances being made. And we're not there now, and you are. Now eat those bananas.

Nah we played outside as kids and processed foods didn't exist. Your sedentary computer lifestyle is diabetes central.

And and now you guys are old, wrinkly and obese. where did it all go so wrong?

I'm a millenial and you make no sense, you are embarrassing. People our age are fatter and unhealthier than ever before. I look at women in their early 20s with guts like middle aged men flapping over their low rise jeans.

And old people are fatter than ever before. Do you find it embarrassing when a baby boomer makes generalizations about diabetes and a "sedentary computer lifestyle"?

This might be true, but I am SHOCKED at how fat millenials are. We did not have guts hanging over our pants at 25. We just didn't. The clothes are so tight. No one wants to see your jiggly ass. I'm a gen xer. Actually, most of my friends are still in shape. No guts and jiggly asses.

And most of my friends are in shape too. I'm a millennial. But the fact is on a statistical level things have changed for every single age group. Obesity is much higher across the board. So the slinging of rocks at millennial's as if it's the only group with a higher BMI is absurd and ridiculous

Yes, but you are young. Do you know how easy it is to be skinny when you are young? No, you don't know yet. Shit gets hard after 45.

Regardless, that kind of shoots the "All millennials are fat and lazy" argument out of the water, doesn't it?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Gosh, what a bunch of crybabies.

When I graduated from school, mortgage interest rates were around 17 percent. So I got a roommate and just rented an apartment. When I bought my first house at age 30, the rates were 13 percent. I bought a simple, 3 bedroom 2bath house in a very working class neighborhood in the South. Fixed it up, held onto it until in tripled in value, then moved to an even lower cost area for my 4 bedroom, 3 bath home with lake access. I was 45.

We boomers bought small, waited, and moved up as the economy allowed.

Millennials want everything NOW and they want it to be HGTV perfect, with the perfect school district.

And they want avocado turkey Breast sandwiches with chai lemon iced tea and a chop salad for lunch . Netflix and Rock climbing gym with unlimited data plan with a hybrid engine.

And baby boomers want their pills cut into their mashed banana with metamucil mixed in. they want extra guard rails around the toilet in their room, and lfor their attendant to let them "win" at chess. Hey I guess everyone can play this game

But you are going to need that too. And we did without the finicky expensive habits of milennials.

Who knows, with the Health advances being made. And we're not there now, and you are. Now eat those bananas.

Nah we played outside as kids and processed foods didn't exist. Your sedentary computer lifestyle is diabetes central.

And and now you guys are old, wrinkly and obese. where did it all go so wrong?

I'm a millenial and you make no sense, you are embarrassing. People our age are fatter and unhealthier than ever before. I look at women in their early 20s with guts like middle aged men flapping over their low rise jeans.

And old people are fatter than ever before. Do you find it embarrassing when a baby boomer makes generalizations about diabetes and a "sedentary computer lifestyle"?

This might be true, but I am SHOCKED at how fat millenials are. We did not have guts hanging over our pants at 25. We just didn't. The clothes are so tight. No one wants to see your jiggly ass. I'm a gen xer. Actually, most of my friends are still in shape. No guts and jiggly asses.

And most of my friends are in shape too. I'm a millennial. But the fact is on a statistical level things have changed for every single age group. Obesity is much higher across the board. So the slinging of rocks at millennial's as if it's the only group with a higher BMI is absurd and ridiculous

Yes, but you are young. Do you know how easy it is to be skinny when you are young? No, you don't know yet. Shit gets hard after 45.

Regardless, that kind of shoots the "All millennials are fat and lazy" argument out of the water, doesn't it?

Is it sad that the older people are the ones who started throwing shade first? Seems a little immature.

[Anonymous]

Both of you are right PPs above, it's a combination of luck, timing and hard work. I didn't have rich parents either but I grew up pretty solidly middle class down south. When I moved here I bought in a not popular neighborhood in D.C. because I had always lived among black people, since I am black so while it may have been "SCARYBLACKPEOPLE!!!!!!" for someone else, it was just my old people neighbors who helped me learn how to be a homeowner. Was this house or neighborhood my first choice? No, of course not, I was young and wanted to be closer to bars and nightlife, but my budget didn't allow for that so I bought where I could afford to get in the market and worked on making something out of it. Now I have loads of equity -- and three times the incomes -- that I can use to buy my way up into where I DO want to live. Some of this whining and boohooing is because people can't buy in the EXACT place they want to buy RIGHT NOW that is EXACTLY as perfect as they want it to be and that is shortsighted.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Gosh, what a bunch of crybabies.

When I graduated from school, mortgage interest rates were around 17 percent. So I got a roommate and just rented an apartment. When I bought my first house at age 30, the rates were 13 percent. I bought a simple, 3 bedroom 2bath house in a very working class neighborhood in the South. Fixed it up, held onto it until in tripled in value, then moved to an even lower cost area for my 4 bedroom, 3 bath home with lake access. I was 45.

We boomers bought small, waited, and moved up as the economy allowed.

Millennials want everything NOW and they want it to be HGTV perfect, with the perfect school district.

And they want avocado turkey Breast sandwiches with chai lemon iced tea and a chop salad for lunch . Netflix and Rock climbing gym with unlimited data plan with a hybrid engine.

And baby boomers want their pills cut into their mashed banana with metamucil mixed in. they want extra guard rails around the toilet in their room, and lfor their attendant to let them "win" at chess. Hey I guess everyone can play this game

But you are going to need that too. And we did without the finicky expensive habits of milennials.

Who knows, with the Health advances being made. And we're not there now, and you are. Now eat those bananas.

Nah we played outside as kids and processed foods didn't exist. Your sedentary computer lifestyle is diabetes central.

And and now you guys are old, wrinkly and obese. where did it all go so wrong?

I'm a millenial and you make no sense, you are embarrassing. People our age are fatter and unhealthier than ever before. I look at women in their early 20s with guts like middle aged men flapping over their low rise jeans.

And old people are fatter than ever before. Do you find it embarrassing when a baby boomer makes generalizations about diabetes and a "sedentary computer lifestyle"?

You sling insults about getting wrinkles and eating soft food, as if we millenials somehow will be able to avoid that. It was really silly and then you somehoe draw some conclusion that millenials will avoid aging due to medical advances.

I will say thougj, that there's no denying the sedentary modern lifestyle. You can't even compare the two generations on that account. I was justvin Orlando for a conference and felt like i was surrounded by the people from wall-e. These were young people like myself. Really gross.

Right… treatments for aging and life expectancy are expected to change over the next 50 years. I'm not sure why that would be a surprise to you but… Now you know.

Insults gets long at millennials all the time, even by there by our own age group as you demonstrate. So people can sling insults at us it goes both ways. That's life- deal with it.

Dream on sister. No medical advances will defeat time. Maybe try not ot be so ugly today. It will pay off tomorrow.

[Anonymous]

You can't avoid being uncomfortable for extended periods without a trust fund. If you have a trust fund you will lack character in middle age.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:^ sorry, meant which part is NOT relevant to someone born in 1990?

You're totally glossing over price levels and wages, especially for lowly ranked schools.

Nope. Stop the whining. We worked our butts off, started at the bottom career wise, and house wise, lived in crappy apartments and an awful fixer upper arhat we never really fixed up and played the long game. I'm 39, not a dinosaur.

Uh, to someone born in '90, yes, a dinosaur. The circumstances of the world sure as hell change in over a decade.

No one has answered which part of the response is not relevant. There are $180 homes in Mannassas people! Yes it's an hour commute, but we did it for years. Held off having kids. Paid down student loans. We made less than $100k combined, from our state university school jobs and had $124k worth of joint grad school debt. My starting salary was $43k, his was $62k.
So yes, stop the whining.

Uh, I have a friend who commutes from Manassas, that is no one hour commute -- rush hour is minimum 1.75 hours, and even dead of night is over 1 hour.

On top of that, the house they bought in 2009 has DROPPED in value... they lost the appreciation lottery. Same thing can easily happen in SE, despite the boosters on here who love it. I work there, and it has a long way to go...

There's no way your friends house dropped in value. I sold my house in Manassas City with the city schools everyone derides for 100k more than I bought it for in 2009.

[Anonymous]

Anonymous wrote:You can't avoid being uncomfortable for extended periods without a trust fund. If you have a trust fund you will lack character in middle age.

Hahahahha!

I'll take less character. Thanks.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:^ sorry, meant which part is NOT relevant to someone born in 1990?

You're totally glossing over price levels and wages, especially for lowly ranked schools.

Nope. Stop the whining. We worked our butts off, started at the bottom career wise, and house wise, lived in crappy apartments and an awful fixer upper arhat we never really fixed up and played the long game. I'm 39, not a dinosaur.

Uh, to someone born in '90, yes, a dinosaur. The circumstances of the world sure as hell change in over a decade.

No one has answered which part of the response is not relevant. There are $180 homes in Mannassas people! Yes it's an hour commute, but we did it for years. Held off having kids. Paid down student loans. We made less than $100k combined, from our state university school jobs and had $124k worth of joint grad school debt. My starting salary was $43k, his was $62k.
So yes, stop the whining.

Uh, I have a friend who commutes from Manassas, that is no one hour commute -- rush hour is minimum 1.75 hours, and even dead of night is over 1 hour.

On top of that, the house they bought in 2009 has DROPPED in value... they lost the appreciation lottery. Same thing can easily happen in SE, despite the boosters on here who love it. I work there, and it has a long way to go...

There's no way your friends house dropped in value. I sold my house in Manassas City with the city schools everyone derides for 100k more than I bought it for in 2009.

No idea. But they sold it last year for a little less than they bought it for. It was a town around manassas, so maybe the city is hotter? Was yours a foreclosure? I think their schools were redistrcted which was part of why they moved.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:^ sorry, meant which part is NOT relevant to someone born in 1990?

You're totally glossing over price levels and wages, especially for lowly ranked schools.

Nope. Stop the whining. We worked our butts off, started at the bottom career wise, and house wise, lived in crappy apartments and an awful fixer upper arhat we never really fixed up and played the long game. I'm 39, not a dinosaur.

Uh, to someone born in '90, yes, a dinosaur. The circumstances of the world sure as hell change in over a decade.

No one has answered which part of the response is not relevant. There are $180 homes in Mannassas people! Yes it's an hour commute, but we did it for years. Held off having kids. Paid down student loans. We made less than $100k combined, from our state university school jobs and had $124k worth of joint grad school debt. My starting salary was $43k, his was $62k.
So yes, stop the whining.

Uh, I have a friend who commutes from Manassas, that is no one hour commute -- rush hour is minimum 1.75 hours, and even dead of night is over 1 hour.

On top of that, the house they bought in 2009 has DROPPED in value... they lost the appreciation lottery. Same thing can easily happen in SE, despite the boosters on here who love it. I work there, and it has a long way to go...

There's no way your friends house dropped in value. I sold my house in Manassas City with the city schools everyone derides for 100k more than I bought it for in 2009.

No idea. But they sold it last year for a little less than they bought it for. It was a town around manassas, so maybe the city is hotter? Was yours a foreclosure? I think their schools were redistrcted which was part of why they moved.

Nope wasn't a foreclosure. If their school was redistricted then that could explain their home value. My house has the same manassas city public schools it had in 2009. We bought for 250k and sold for 350k.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Gosh, what a bunch of crybabies.

When I graduated from school, mortgage interest rates were around 17 percent. So I got a roommate and just rented an apartment. When I bought my first house at age 30, the rates were 13 percent. I bought a simple, 3 bedroom 2bath house in a very working class neighborhood in the South. Fixed it up, held onto it until in tripled in value, then moved to an even lower cost area for my 4 bedroom, 3 bath home with lake access. I was 45.

We boomers bought small, waited, and moved up as the economy allowed.

Millennials want everything NOW and they want it to be HGTV perfect, with the perfect school district.

And they want avocado turkey Breast sandwiches with chai lemon iced tea and a chop salad for lunch . Netflix and Rock climbing gym with unlimited data plan with a hybrid engine.

And baby boomers want their pills cut into their mashed banana with metamucil mixed in. they want extra guard rails around the toilet in their room, and lfor their attendant to let them "win" at chess. Hey I guess everyone can play this game

But you are going to need that too. And we did without the finicky expensive habits of milennials.

Who knows, with the Health advances being made. And we're not there now, and you are. Now eat those bananas.

Nah we played outside as kids and processed foods didn't exist. Your sedentary computer lifestyle is diabetes central.

And and now you guys are old, wrinkly and obese. where did it all go so wrong?

I'm a millenial and you make no sense, you are embarrassing. People our age are fatter and unhealthier than ever before. I look at women in their early 20s with guts like middle aged men flapping over their low rise jeans.

And old people are fatter than ever before. Do you find it embarrassing when a baby boomer makes generalizations about diabetes and a "sedentary computer lifestyle"?

This might be true, but I am SHOCKED at how fat millenials are. We did not have guts hanging over our pants at 25. We just didn't. The clothes are so tight. No one wants to see your jiggly ass. I'm a gen xer. Actually, most of my friends are still in shape. No guts and jiggly asses.

Guess what, 40 year olds today are also way fatter than 40 year olds of yore

[Anonymous]

I was born in 86. DH was born in 83. We own 2 houses, one in Lorton and one in New York State that we rent.

We bought the house in Lorton with less than 20% down in 2012 for $500k. At the time, HBO was $150k, but it's now $260k. No big deal because it's appreciated almost $100k, and we can get PM I removed in a few months.

I bought a house at 24 that I sold and made $25k on, we used that and some other savings for down payment. House in Lorton was a fixer upper but plenty big for two kids. South County High School seems to be a decent school as well. We have a beautiful yard, plenty of space, and easy commute via VRE. I think because we were willing to live in an area that's not "hot", we were able to buy. I like it here though, neighbors are friendly and we've made lots of friends. So millenials, there is hope.

[Anonymous]

Wait, do I win something?
I'm thin at 40 and have owned a nice home in D.C. since I was 32.