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Reply to "Anyone else who will likely never be a home owner?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] OK. I'll bite. I'm a gen xer in my mid-40s. What systemic barriers did you face that i didn't? [/quote] Multiple recessions[/quote] Gen Xer here who graduated college in a recession and spent years underwater on a condo during the Great Recession of 2008. I also had unpaid parental leave and had to pay 100% of my student loans even though I’ve spent my career in public service. [/quote] What recession did you graduate from college in? [/quote] Gen-X here -- graduated during early 90's. Could not get a job. PhDs were driving cabs. Look it up[/quote] yep! I graduated in 1990, had to work two retail jobs to pay the bills. [/quote] For how long? That's not really a sob story. Poor little thing had to work retail after college! [/quote] I worked three jobs, and two of them were pretty crappy bosses! I knew from growing up in a lower income environment that saving and making money was my only way out, I watched and I learned what I did not want for my own life. Meanwhile my friends had their hair styled professionally, nails (sculptured at the time) were always on point, clothing spectacular and they had credit card bills out the a... It was a matter of choices, I wanted to own my own condo more than anything. I accomplished that by my mid twenties because I worked multiple jobs even while in school. Did it suck, yes, but so did growing up poor and hungry. I have a good life now because I sacrificed while so many of my long time friends did not and they are paying that price now. [/quote] Ok ... [b]You're only young once[/b] and you still sound envious of your friends. [/quote] And this in a nutshell describes the people on this post looking for sympathy about not being in a position to buy a house. You have reversed the tried and true formula of saving in your youth and working hard in your youth so you can enjoy your life as your age. You want everything given to you even though you have chosen not to make the sacrifices others have made, be it a commute or multiple jobs or few children. YOUTH IS WAISTED ON THE YOUNG, because it comes with niativity and sadly selfish choices that most likely will not benefit you in the long run. I have a niece and her loser husband who lived this way, don't need to own, could care less, traveled without reservation about the future consequences. She owns a house now because her parents finally got sick of the crap and made the down payment for them, only after they whined and whined about the 3,500.00 per month rent cost killing them. I guess she wins in the end, but did she? Or was she just bailed out be an older parent (who really could not afford this generosity) who will put her retirement plans aside to compensate for their wasteful ways in their youth. I would never do this to my parents, never. [/quote] So … You’re young twice? PP isn’t wrong. Home ownership isn’t for everyone. You can sacrifice when your young or not but that period in your life will only happen once. Stop projecting your niece’s perceived shortcomings onto randoms you know nothing about.[/quote] Why would you want to be young twice. Youth is wasted on the young. [/quote]
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