Reply to I know why Millenials can't afford houses and pay off their student loans..

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[quote=Anonymous]Just to interject--DH and I (millennials, 28 years olds) don't own a house partly because we are in a phase of our careers where our current jobs are seen as a stepping stone, and it's likely that we may need to relocate before we would build any equity.  Additionally, it has become common for some sectors to have more job hopping than in the past.  I have a friend who bought a house and is a little frustrated because she and her DH are in one of those sectors, and the location of her house locks her in commute-wise in terms of what jobs she can reasonably consider.  Before they would have just moved!

Once we have school aged kids, I'm sure the calculus becomes different.  It's no big deal for DH and me to move when a new job opportunity comes around (whether it is locally to make a commute work or to a new metro area).  When you have kids, having some consistency in their schools/home life makes more sense than moving apartments every couple years.  But we're not there yet :)[/quote]

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