When did apartment prices increase so dramatically?

[Anonymous]

Sure they could get an apartment together

That would be weird. Sorry, weirder than living at home. Can you imagine inviting a romantic partner back to your place and your sibling living there? No.

[Anonymous]

Anonymous wrote:

Sure they could get an apartment together

That would be weird. Sorry, weirder than living at home. Can you imagine inviting a romantic partner back to your place and your sibling living there? No.

huh? Plenty of my friends lived with their siblings and enjoyed it. I remember my friends cool older brothers or cool younger brothers. It wasn't weird at all.

What's awful is bringing a romantic partner back to your parents' house when you live at home.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Sure they could get an apartment together

That would be weird. Sorry, weirder than living at home. Can you imagine inviting a romantic partner back to your place and your sibling living there? No.

huh? Plenty of my friends lived with their siblings and enjoyed it. I remember my friends cool older brothers or cool younger brothers. It wasn't weird at all.

What's awful is bringing a romantic partner back to your parents' house when you live at home.

+1 My first set of tenants as a landlord were two brothers in their early twenties renting house for $2000, nine years ago.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:When I was 22 in 2008 I couldn’t find a 2 bedroom for less than $1600 for my roommate and I. I actually think apartments aren’t that expensive compared to sfhs

Same. I ended up finding a stranger on Facebook to move in with! It worked out ok, we were never really friends but it wasn't a disaster.
I've heard young people now resist roommates.

They're afraid having a roommate will turn into a Lifetime Movie. In my 20's we all had roommates. Some were friends and others went about their day. We survived just fine and saved money. Today 20 somethings want to go from their dorm or their parents house to the equivalent of their parents house or better. If some of them stopped buying junk online, having thousand dollar cell phones and trying to turn their cars into something Vin Diesel might drive if he was chasing his nemesis down 270, or suck it up at ft job for a few years, crazy boss and broken coffee machine and all, they just might just have more money.

The only time I ever lived "alone" is my junior year of college, when I was an RA and had a single. I am 54 now. I had roommates during grad school and my my first jobs. Even after I bought a place, my roommate came with me and paid (nominal) rent. The only reason he moved out is because my fiancee moved in.

1 BRs have *always* been the most expensive option for young people.

That's not even discussing the idiocy of the initial post - OP bought a house 20 years ago in the middle of nowhere (population 1619, in 2020) for $350k, and now somehow is befuddles that prices have increased. Apparently, her house is under a particularly large rock.

+1 this is me almost exactly except I’m 53 and was an RA as a senior, not a junior. Group house of five roommates after graduation, then different group house of four when our first landlord sold. Then my now-DH and I were ready to move in together after that.

[Anonymous]

Anonymous wrote:In their 20s, they need roommates.

This.

[Anonymous]

Anonymous wrote:DD is in the same boat. She’s 23 and after saving her money wanted to move out. We’re in Montgomery County and she couldn’t find anything for less than $1500 a month. The $1500 was only because she qualified for moderately priced housing due to her income, yet her income meant $1500 was too expensive. She recognizes she needs to leave money for utilities, groceries, insurance, gas, etc. I don’t know how young adults afford anything without a partner or roommate. She was unfortunately not able to find a friend who wanted to live in the same area.

While I agree that housing prices and rental prices are a huge problem in this country, the bolded has ALWAYS been true. I only knew two people in my whole 20s who had their own place, and they were both considered by everyone else to be burning money. Everyone else had roommates. You don't need a friend - you find people... however kids find people these days (in my day it was Craigslist, I'm sure it's something else now).

It's completely absurd to expect to be able to live alone at 23.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is why two of my adult children live at home. Sure they could get an apartment together, but why should they pay $1200 each to live in an apartment when our house is open and available. Instead they are saving and should have a good nest egg when they are ready.

For the obvious reason that many times the parents have their home in a shitty location for young people.

If you own a nice apartment in Manhattan or a home in Dupont Circle...that's a different calculation...but if you live in Nokesville, VA, well that sounds like hell for most young people.

Very true. We live in the Suburbs and only see young kids or elderly couples.... no 20s something living here.

[Anonymous]

Anonymous wrote:While my 24-year-old son is looking forward to moving out, the cost of a one-bedroom apartment in Woodbridge starts at $1,600, which is higher than our monthly mortgage payment.

In 2022. Did you not get the memo?

BTW, it'll go up to $1,800 next year, probably.

[Anonymous]

Anonymous wrote:Tell him to stop eating avocado toast so he can save up to buy.

And to skip the Starbucks. McDonalds was selling coffee for 95 cents in the morning recently.

[Anonymous]

Anonymous wrote:I paid $1,000 for a single bedroom apartment in 1994. He’ll be fine.

This

[Anonymous]

Anonymous wrote:

Anonymous wrote:When I was 22 in 2008 I couldn’t find a 2 bedroom for less than $1600 for my roommate and I. I actually think apartments aren’t that expensive compared to sfhs

Same. I ended up finding a stranger on Facebook to move in with! It worked out ok, we were never really friends but it wasn't a disaster.
I've heard young people now resist roommates.

Because they’re snowflakes

[Anonymous]

Anonymous wrote:In their 20s, they need roommates.

This. Why does every 20 year old need their own apartment?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Any studios there? I would take a studio over 2-bedroom and a roommate unless a good friend.
What's his take home? Let him live at home for few years.

We will let him, but he wants to move out soon.

Yeah. And I want a yacht.

[Anonymous]

Anonymous wrote:This is why two of my adult children live at home. Sure they could get an apartment together, but why should they pay $1200 each to live in an apartment when our house is open and available. Instead they are saving and should have a good nest egg when they are ready.

Yes, it's so nice to live at home in your 20s. Who wants to pay utilities, clean the house, cook, buy groceries, fix the home, pay insurance, or internet service AND worry about adulting, when you can just live at home. LOL.

[Anonymous]

Anonymous wrote:

Anonymous wrote:In their 20s, they need roommates.

This. Why does every 20 year old need their own apartment?

you want them in your home in their 30s or 40s or 50s?