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Reply to "Are we reaching a point where getting married/having children/owning home is just to damn expensive?"
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[quote=Anonymous][quote=Anonymous]I know lots of people in their 30s who can't afford to buy homes and who have decided against kids. It's not limited to expensive areas. That generation has crippling school loans, poor job prospects, and a lot of (justified) unease about where this country is heading. I'm 38 and have always felt that I squeaked in before things tanked - first in the job market, then housing. We live in a small house with a poor commute and we've decided to have only one kid. I feel fortunate in what we have; my sister is 5 years younger, has way more debt, and us married but likely won't have kids. We are not as well off as our parents were at this age, even though our parents grew up poor and we didn't. [/quote] Similar situation here- I feel very fortunate to have gotten my job when I did, it seems like more recent graduates in my field struggle to find something permanent. We married at 33, bought a starter house at 35 and had a kid a year later- but really we were fortunate that DH had no student loans and had been able to save a lot. He also inherited some $ from his grandmother which helped with the down payment. My sister lives in a different city that has a slightly lower COL but rising. Both she and her DH have student loans and he just finished his PhD. I think she’s accepted that they’ll just have to rent for a while - they found a bigger rental out in the burbs and are expecting their first. But it’s funny to think about how our parents, who had much lower paying blue collar jobs, bought their first house when they were 25! Different time and place.[/quote]
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