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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it has to do with instant gratification. Everything is just so much faster. The idea of plodding along, slowly saving until you can pay in cash is foreign to this generation. BTW, I think that a lot of parents of these children enable this attitude as well. I know of several couples whose parents are helping to foot the bill for the first homes/renovations and whose mothers, in particular, are providing guidance on renos.[/quote]

So, where is the line drawn between what is reasonable and what is bratty gen Y behavior?

Here's our story: DH and I are 29 and 30. We bought a completely unrenovated 1950s rambler last year. 3br/1ba in a modest neighborhood with schools that many DCUMers poopoo and many are ok with. We had our apartment for almost two months after closing, so we painted every room and redid the bathroom because there were giants cracks in the tub's pink enamel that grossed me out. Simple job, reglazed the tub, new tile floor that we put in ourselves and a new sink from home depot. Otherwise, we didn't do any other work before moving in.

The kitchen is a dump with peeling laminate countertops, really gross laminate flooring that is gray no matter how hard I scrub on hands and knees and very old bisque appliances that work well, sometimes. We will fix that once we save enough for it.

I think some on this thread would call DH and i bratty gen Yers for not being able to live with that bathroom. What's the consensus? Do we suck?

Oh, and my mom and dad advise me ALL the time on house stuff. Because, you know, they have experience and all, but it makes me a brat to ask them for advice, instead of my gen Y friends whose only knowledge of such things come from HGTV and young house love. Consulting my parents, who have renovated a Victorian, a 1960 split level and a bad 80s beach cottage makes me very, very immature. [/quote]

The real question is, can you afford what you have on your own?  Or not?  Did you purchase a home with a mortgage that you can afford on your salaries while still paying off student loans or are you going into debt, or living paycheck to paycheck without building up any savings/emergency funds/life happens funds because you bought more than you can afford?  If you bought within your means and live within your means and still save up (like for future kitchen repairs), then kudos to you.  You are doing things right.  However, too many of your generation get a down payment from mom & dad, purchase more house than they can realistically afford on their incomes, live paycheck to paycheck, or put off paying student loan debt to fund $25K of kitchen and bath repairs on the new house before they move in.

If you are living responsibly, I commend you.  But too many of your generation are not.  And their parents are bailing them out so that they can live like they are my generation (Gen X) without our salaries to support their live style.[/quote]

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