Reply to Genz and millennials don't want your small starter homes want forever homes now

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[quote=Anonymous][quote=Anonymous]Lol, I'd love to be able to afford a "small starter home". We are two working professionals in NW DC and those homes start at $1.5M. [/quote]

Only two jobs? Get more jobs. As far back as the 1980s my cousins, she worked at PepsiCo and he in IT as a newlwed couple lived in a tiny run down dump in a shady nieghborhood in Queens over a store with trains flying by apartment all day to save for a house. She also was a coat check girl at a nearby catering hall on weekends, and for parties and he was a waiter bartender there. They worked 7 days a week for like 5-7 years to afford a house.

DC has only got expensive now. And a lot of homes near DC were pretty afffordable up to five years ago and very affordable 12-15 years ago after 2008 Real Estate Crash.

I work with people ages 35-45 who complain about home prices. The 45 year old people homes were cheap to buy from 21-40 for them. Why did they not buy sooner. I know a 36 year old married to a 38 year old with two kids in a luxury apartment. A prima donna who wanted to skip buying a condo or starter home. But prices got away from her. They are married 12 years. If they just bought a tiny run down shoe box in poor shape in 2012 they would be able to sell that now for a ton and buy their dream home.

I am ok with renting, but dont rent a large luxury apt for a decade and complain about home prices. Thats a new thing. Apts in NYC back 40 years ago were dumps that landlord barely maintained and goal was to get out. Maybe that was a good thing.  [/quote]

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