18. College.

19

17, I am that special. Most of today's kids can't even move out by 30.

Oprindeligt skrevet af poop head:

17, I am that special. Most of today's kids can't even move out by 30.

They can't move our before 30 they not making money and not being rich

I was a month younger than 17. I joined the military and went home for my senior year of highschool, but moved in with a group of similarly aged people for that year. There were about 6 of us living in the same house at any given time, but we rotated about 12 people.

So when people say they can't do it today and envy people my age... It's just because you're not trying. It really is that simple.

You just don't want to sacrifice the comforts you have today. Which is and always has been older people's points.

17 school

no comment

I was 17 and off to the Big City™ for college.

Have never had to come crawling back, 30 years out.

Oprindeligt skrevet af Ray Rook:

So when people say they can't do it today and envy people my age... It's just because you're not trying. It really is that simple.

More 25 year olds own their own home now than ever before. It's not an 'everybody' issue, just the people who can't keep up.

Edit: Maybe was alittle off, but not far:


Gen Zers are tracking ahead of their parents’ homeownership rate: 30% of 25-year olds owned their home in 2022, higher than the 27% rate for Gen Xers when they were the same age. But the Gen Zers who didn’t take advantage of the pandemic-era’s low mortgage rates could be left behind.
Millennials are tracking behind their parents: 62% of 40-year-olds owned their home in 2022, lower than the 69% rate for baby boomers at the same age.
Millennials buy more homes than other generations, with 25-44 year olds buying roughly 60% of homes that sold over the last several years. Those “mortgage millennials” have an edge over millennials who missed out on buying before rates shot up.
Gen Z homebuyers are most common in affordable parts of the country like Virginia Beach, where they bought 9% of homes sold in 2022. Millennial buyers are most prevalent in job centers like Seattle, where they bought more than 40% of homes sold.

https://www.redfin.com/news/gen-z-millennial-homeownership-rate-home-purchases/?msockid=18b74aa31fee699b25e8598c1e8e6896

Oprindeligt skrevet af Fajita Jim:

Have never had to come crawling back, 30 years out.

Shut up.

17

Oprindeligt skrevet af Tiny E:

Oprindeligt skrevet af Fajita Jim:

Have never had to come crawling back, 30 years out.

Shut up.

Hah!

14 onto the road.

Oprindeligt skrevet af Tiny E:

no comment

Family business thing has its own perks.

Can't beat that commute. You also probably started working before most people.

Oprindeligt skrevet af Fajita Jim:

Oprindeligt skrevet af Ray Rook:

So when people say they can't do it today and envy people my age... It's just because you're not trying. It really is that simple.

More 25 year olds own their own home now than ever before. It's not an 'everybody' issue, just the people who can't keep up.

Edit: Maybe was alittle off, but not far:


Gen Zers are tracking ahead of their parents’ homeownership rate: 30% of 25-year olds owned their home in 2022, higher than the 27% rate for Gen Xers when they were the same age. But the Gen Zers who didn’t take advantage of the pandemic-era’s low mortgage rates could be left behind.
Millennials are tracking behind their parents: 62% of 40-year-olds owned their home in 2022, lower than the 69% rate for baby boomers at the same age.
Millennials buy more homes than other generations, with 25-44 year olds buying roughly 60% of homes that sold over the last several years. Those “mortgage millennials” have an edge over millennials who missed out on buying before rates shot up.
Gen Z homebuyers are most common in affordable parts of the country like Virginia Beach, where they bought 9% of homes sold in 2022. Millennial buyers are most prevalent in job centers like Seattle, where they bought more than 40% of homes sold.

https://www.redfin.com/news/gen-z-millennial-homeownership-rate-home-purchases/?msockid=18b74aa31fee699b25e8598c1e8e6896

Yea, we're definitely in a crisis right now. But it's intentional for houses. The Fed's biggest tool against inflation is to keep rates up to lower the volume of people buying.