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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you want people to have babies in their twenties, make college and daycare free and get the housing market sorted out so that most young people can spend less than 50% of their income just on shelter within commuting distance. Until then, having a baby while young is something for the very poor and very wealthy outside of very conservative religious backgrounds. [/quote]

Social media isn’t helping this. 28 year olds think they are owed a farm kitchen and a pool, not a 30 year old townhouse.[/quote]

Nah, I think most 28 year olds just want a decent place to live. Your idea that they have champagne tastes is also fueled by social media. [/quote]

Disagree. My good friend is a realtor.  All the 20 somethings want fully updated houses.  No honey oak cabinets and bright brass fixtures for them- even if it were very affordable. They’d rather shell out $$$$ for the (cheaply) flipped updated house [/quote]

I have a coworker who chose a flipped house in a high-crime neighborhood over a larger house in a nice neighborhood because of the icky 90s kitchen.[/quote]

Was it the icky 90s kitchen or was it dated systems and appliances that would have cost a lot of money to upgrade and replace as they inevitably failed? That's how we ended up in our flipped house. We wanted a fixer upper that we could put sweat equity into over time. The problem was that all the ones we looked at needed major investments within a short time frame -- new roof, hot water heater, kitchen appliances nearing the end of their lives, dated electrical and plumbing, foundation issues. We were first time home buyers and were scraping together money for our down payment. We were very nervous about getting hit with a repair that would cost 5, 10, or 20k within a few years of moving into the house, when buying the house was already stretching our finances thin. So we wound up buying a flipped house in a slightly less desirable but adjacent neighborhood because even though we didn't love the flip, we knew that all systems and appliances (including the roof, HVAC, water heater) were all brand new. And it was the right move because we didn't have to spend almost any money on maintenance for the first 10 years we lived there, which allowed us to save a lot more money.

We weren't freaking out over 90s kitchens or dated tile. We just didn't want to buy a money pit we couldn't afford. I think this is the primary reason a lot of first time buyers avoid fixer uppers.[/quote]

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