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Reply to "Wells Fargo ad about millennials eating out"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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. [/quote] 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. [/quote] 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.[/quote] Well yeah, he is saying $1M — b/c that’s what ok houses with less than a 1 hr commute tend to cost. [/quote] 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. [/quote] WTF?? New and fancy? $1M is for lipstick-on-pig tear downs with modest commute. [/quote] https://www.redfin.com/VA/Falls-Church/5904-Boston-Dr-22041/home/9648234 what's wrong with this place?[/quote] If I don’t have kids and never have to have it appreciate (because it won’t with those schools) then nothing [/quote] So you are looking for an investment property, not a home? [/quote]
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