Wells Fargo ad about millennials eating out

[Anonymous]

Anonymous wrote:I think all of us would concede that things are more expensive and that in most industries wages haven’t kept up. But you have to concede that you want to buy a $1 million dollars home and are complaining that your inability to do that is because life is so much harder today. I would say that if you wanted to buy. $300,000 home and couldn’t, I would agree. But your argument fails because your $1 m home is just out of reach for the majority of people regardless of age or generation. You are not unable to buy that because of your age or wage alone. That is an extremely expensive home.

Uh, we just bought a $1.1M shack which the prior owners bought for $250k in 1999.

It’s not an extremely expensive or fancy house. It’s just a house with ok schools and ok commute.

It isn’t like Millenials are saying ‘I want a $1M house’, they just want an ok house in an ok neighborhood.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think all of us would concede that things are more expensive and that in most industries wages haven’t kept up. But you have to concede that you want to buy a $1 million dollars home and are complaining that your inability to do that is because life is so much harder today. I would say that if you wanted to buy. $300,000 home and couldn’t, I would agree. But your argument fails because your $1 m home is just out of reach for the majority of people regardless of age or generation. You are not unable to buy that because of your age or wage alone. That is an extremely expensive home.

Uh, we just bought a $1.1M shack which the prior owners bought for $250k in 1999.

It’s not an extremely expensive or fancy house. It’s just a house with ok schools and ok commute.

It isn’t like Millenials are saying ‘I want a $1M house’, they just want an ok house in an ok neighborhood.

I think OP said he needs a down payment of $200000. I am basing the million on that. If he says I am wrong, then fine but it was his number.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:$500-1k house for a millennial. . . no wonder you all are drowning in debt. Move somewhere you can afford. Period.

So which metro has good jobs and cheap housing?

atlanta, georgia

Indianapolis
Chicago (is more reasonable than here)
Nashville (is more reasonable than here)

I mean...name a city that isn't New York, L.A., D.C. or San Francisco. Basically. You might scoff at the idea of living in Louisville, KY or Topeka, but guess what? These are cities with job markets and more affordable living.

Bloomington, Indiana. Major university community with lots of good jobs. Beautiful houses. But you're probably turning up your nose right now.

You keep listing cities but not jobs. The vast majority of jobs in NYC, DC, SF don’t translate to those cities — except maybe commodities trading in Chicago?

I’m an economist at HUD — what should I do in Indiana?

Raleigh isn’t bad, but it’s not that much cheaper but job market is a lot thinner

[Anonymous]

As plenty of others have said the DC housing market it out of control

I don't know why anyone wants to stay here and struggle to save up to a 1 million dollar home

Again any major metro besides NYC, SF, Seattle, Denver, Boston is substantially cheaper and you can find great housing for 500k or less

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think all of us would concede that things are more expensive and that in most industries wages haven’t kept up. But you have to concede that you want to buy a $1 million dollars home and are complaining that your inability to do that is because life is so much harder today. I would say that if you wanted to buy. $300,000 home and couldn’t, I would agree. But your argument fails because your $1 m home is just out of reach for the majority of people regardless of age or generation. You are not unable to buy that because of your age or wage alone. That is an extremely expensive home.

Uh, we just bought a $1.1M shack which the prior owners bought for $250k in 1999.

It’s not an extremely expensive or fancy house. It’s just a house with ok schools and ok commute.

It isn’t like Millenials are saying ‘I want a $1M house’, they just want an ok house in an ok neighborhood.

I think OP said he needs a down payment of $200000. I am basing the million on that. If he says I am wrong, then fine but it was his number.

Well yeah, he is saying $1M — b/c that’s what ok houses with less than a 1 hr commute tend to cost.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:$500-1k house for a millennial. . . no wonder you all are drowning in debt. Move somewhere you can afford. Period.

So which metro has good jobs and cheap housing?

atlanta, georgia

Indianapolis
Chicago (is more reasonable than here)
Nashville (is more reasonable than here)

I mean...name a city that isn't New York, L.A., D.C. or San Francisco. Basically. You might scoff at the idea of living in Louisville, KY or Topeka, but guess what? These are cities with job markets and more affordable living.

Bloomington, Indiana. Major university community with lots of good jobs. Beautiful houses. But you're probably turning up your nose right now.

You keep listing cities but not jobs. The vast majority of jobs in NYC, DC, SF don’t translate to those cities — except maybe commodities trading in Chicago?

I’m an economist at HUD — what should I do in Indiana?

Raleigh isn’t bad, but it’s not that much cheaper but job market is a lot thinner

you are a clueless 20 something. Mature and get a freaking clue

[Anonymous]

Isn't Wells Fargo run by crooks? I would not trust them with a dime.

[Anonymous]

Millenials is such a broad range that some on the older end of the spectrum are starting to become biglaw partners while those on the younger end are probably still in grad school.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:$500-1k house for a millennial. . . no wonder you all are drowning in debt. Move somewhere you can afford. Period.

So which metro has good jobs and cheap housing?

atlanta, georgia

Indianapolis
Chicago (is more reasonable than here)
Nashville (is more reasonable than here)

I mean...name a city that isn't New York, L.A., D.C. or San Francisco. Basically. You might scoff at the idea of living in Louisville, KY or Topeka, but guess what? These are cities with job markets and more affordable living.

Bloomington, Indiana. Major university community with lots of good jobs. Beautiful houses. But you're probably turning up your nose right now.

You keep listing cities but not jobs. The vast majority of jobs in NYC, DC, SF don’t translate to those cities — except maybe commodities trading in Chicago?

I’m an economist at HUD — what should I do in Indiana?

Raleigh isn’t bad, but it’s not that much cheaper but job market is a lot thinner

you are a clueless 20 something. Mature and get a freaking clue

I am asking for your concrete recommendations, and your response is insults?

[Anonymous]

Anonymous wrote:Millenials is such a broad range that some on the older end of the spectrum are starting to become biglaw partners while those on the younger end are probably still in grad school.

What sucks for the broader cohort is a small percentage are getting $$$ in law and tech, but there are so many of them even that small % is huge number and housing will get even more expensive.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:$500-1k house for a millennial. . . no wonder you all are drowning in debt. Move somewhere you can afford. Period.

So which metro has good jobs and cheap housing?

atlanta, georgia

Indianapolis
Chicago (is more reasonable than here)
Nashville (is more reasonable than here)

I mean...name a city that isn't New York, L.A., D.C. or San Francisco. Basically. You might scoff at the idea of living in Louisville, KY or Topeka, but guess what? These are cities with job markets and more affordable living.

Bloomington, Indiana. Major university community with lots of good jobs. Beautiful houses. But you're probably turning up your nose right now.

You keep listing cities but not jobs. The vast majority of jobs in NYC, DC, SF don’t translate to those cities — except maybe commodities trading in Chicago?

I’m an economist at HUD — what should I do in Indiana?

Raleigh isn’t bad, but it’s not that much cheaper but job market is a lot thinner

you are a clueless 20 something. Mature and get a freaking clue

I am asking for your concrete recommendations, and your response is insults?

Not PP, but an economist can't brain storm and figure out where else in the country their skills may be needed? Only in DC does this country need economists?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think all of us would concede that things are more expensive and that in most industries wages haven’t kept up. But you have to concede that you want to buy a $1 million dollars home and are complaining that your inability to do that is because life is so much harder today. I would say that if you wanted to buy. $300,000 home and couldn’t, I would agree. But your argument fails because your $1 m home is just out of reach for the majority of people regardless of age or generation. You are not unable to buy that because of your age or wage alone. That is an extremely expensive home.

Uh, we just bought a $1.1M shack which the prior owners bought for $250k in 1999.

It’s not an extremely expensive or fancy house. It’s just a house with ok schools and ok commute.

It isn’t like Millenials are saying ‘I want a $1M house’, they just want an ok house in an ok neighborhood.

I think OP said he needs a down payment of $200000. I am basing the million on that. If he says I am wrong, then fine but it was his number.

Well yeah, he is saying $1M — b/c that’s what ok houses with less than a 1 hr commute tend to cost.

This is what reveals your entitlement. If you want new and fancy for less than a million, you have to commute. If you are ok with older, you can have a shorter commute. This isn’t a challenge that only millennials face. The fact that you think so is more evidence that you have absolutely no perspective. The majority of people make that choice.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think all of us would concede that things are more expensive and that in most industries wages haven’t kept up. But you have to concede that you want to buy a $1 million dollars home and are complaining that your inability to do that is because life is so much harder today. I would say that if you wanted to buy. $300,000 home and couldn’t, I would agree. But your argument fails because your $1 m home is just out of reach for the majority of people regardless of age or generation. You are not unable to buy that because of your age or wage alone. That is an extremely expensive home.

Uh, we just bought a $1.1M shack which the prior owners bought for $250k in 1999.

It’s not an extremely expensive or fancy house. It’s just a house with ok schools and ok commute.

It isn’t like Millenials are saying ‘I want a $1M house’, they just want an ok house in an ok neighborhood.

I think OP said he needs a down payment of $200000. I am basing the million on that. If he says I am wrong, then fine but it was his number.

Well yeah, he is saying $1M — b/c that’s what ok houses with less than a 1 hr commute tend to cost.

This is what reveals your entitlement. If you want new and fancy for less than a million, you have to commute. If you are ok with older, you can have a shorter commute. This isn’t a challenge that only millennials face. The fact that you think so is more evidence that you have absolutely no perspective. The majority of people make that choice.

WTF?? New and fancy? $1M is for lipstick-on-pig tear downs with modest commute.

[Anonymous]

Anonymous wrote:

Anonymous wrote:$500-1k house for a millennial. . . no wonder you all are drowning in debt. Move somewhere you can afford. Period.

So which metro has good jobs and cheap housing?

Chicago. I work in downtown chicago and have many colleagues who live in this suburb, take a 20-something minute express train to and from work. Its also a great school district. Chicago has tons of jobs (note - you won't be an overpaid government contractor here, so bring some real skills).

https://www.redfin.com/IL/Naperville/887-Havenshire-Rd-60565/unit-887/home/145006969

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:$500-1k house for a millennial. . . no wonder you all are drowning in debt. Move somewhere you can afford. Period.

So which metro has good jobs and cheap housing?

atlanta, georgia

Indianapolis
Chicago (is more reasonable than here)
Nashville (is more reasonable than here)

I mean...name a city that isn't New York, L.A., D.C. or San Francisco. Basically. You might scoff at the idea of living in Louisville, KY or Topeka, but guess what? These are cities with job markets and more affordable living.

Bloomington, Indiana. Major university community with lots of good jobs. Beautiful houses. But you're probably turning up your nose right now.

You keep listing cities but not jobs. The vast majority of jobs in NYC, DC, SF don’t translate to those cities — except maybe commodities trading in Chicago?

I’m an economist at HUD — what should I do in Indiana?

Raleigh isn’t bad, but it’s not that much cheaper but job market is a lot thinner

you are a clueless 20 something. Mature and get a freaking clue

I am asking for your concrete recommendations, and your response is insults?

www.linkedin.com - there is your recommendation. But as PP said, if you can't figure this out on your own you will likely not get a job anywhere. Resourcefulness is another skill millennials sorely lack