It was too expensive for millennials so, not too surprised to hear that.
It was too expensive for Gen X too. I think we all started out with room mates.
It was too expensive for Gen X too. I think we all started out with room mates.
Yup.
Up to 4 of them at one point.
After a bunch of years of that, my first solo place was a windowless 2 room basement “suite” in an old house behind a gas station.
I rented a 3-bedroom apartment in the early 2010s for $1250 with some friends. I just checked and similar apartments in that neighborhood are $2500-3900 now
I agree that renting alone wasn’t an option for our generations but it’s become even worse. Pay has not kept up with housing costs at all
[Edit] I just checked and $1250 in 2010 has the same value has $1,775.54 now
Man one my first apartments in 2001 was 360 a month for one bedroom. This was in a small town Texas.
Today same rent is 1300 plus. That fucking nuts and doest jive with inflation.
Owning a home on a single income is too expensive.
Owning a home is too expensive, period.
Renting a home on a single income is too expensive. <–we are here
Renting a home is too expensive.
How long did we spend outside of those possibilities? 20 years? 30 years? Before WW2 most people didn’t own a single family house after WW2 and for about two or three decades white people lived the American dream, and we’re back to what’s been the norm forever.
Okay, and we should just not dream of big tomorrows? What kind of mindset is this?
We are supposed to dream, discover and build, not grovel, work, and ask for breadcrumbs. We have the resources, this is a hoarding issue.
We also used to have a family structure that would support raising children, and much more free time in a lot of cases.
A single family home for everyone is unsustainable though, going back isn’t a bad thing and the family structure you’re talking about also existed because people had multiple generations under the same roof.
gen x here - I had roommates for 15 years or thereabouts after college, and when I finally made it out on my own it was in really shit apartment after ghetto af apartment.
it’s not just a gen z issue
Is there a generation that could afford to rent by themselves in their early 20s? Maybe a room in a flophouse.
I’m gen x and was able to rent a studio on my own for a few years in my late 20’s. Then the recession hit and that lifestyle evaporated. These days I live in a vehicle.
That’s us. Hey buddy, I just hope you know that I know what it’s like, feel free to pm me if you’re feeling angry or sad about anything
Ah well then, thanks for lowering my expectations, I honestly hoped I would be able to get an engineering internship and a home loan within the next ten years of my life but hey I guess sometimes things are meant to go to shit
If you’re in a well-paying STEM career you’ll be able to afford a house eventually, depending on your location.
The greatest generation spawned the worst one. All of us after them suffer.
The greatest generation had some great marketing. About the only thing that was “great” about them, really.
I for one hope gen z is better than previous generations. They got a lot of trouble coming their way.
Well they did win two world wars, which is two more wars than their idiot children, the boomers managed against weaker opposition.
But thats about it for their achievements.
I never felt fighting in a war was inherently honorable of valorous- its not necessarily a thing to be ashamed of, either. that either war broke out was a failure of diplomacy (and of willful desire… lets not forget there were people on both sides- in both wars- spoiling for a fight.)
In any case, they also were responsible for McCarthyism and the Red Scare; the Dixiecrats and opposition to civil liberties… and plenty of other unpleasantness. No. the name is hyperbolic- they weren’t some super-human distilled-goodness sort of group. They were just… people. Some were more-bad, and some were more-good. Most had the good and the ugly in equal spades- like every other generation.
I believe the greatest generation is yet to come. Might be gen z. Might be the kids they raise. But we’ll see.
How many people are renting alone? I dunno anyone who can afford that.
Typical rent in my city is like $1000-1500 for an entire 2 bedroom house. Even my brokest friends have their own place.
San Francisco or NYC? Enjoy your 150sqft shithole for $3k/mo.
Yes. Rent is cheaper in undesirable places to live. This is not surprising to anyone.
Both my gf and I could pay our expenses on a single salary and we’re far from rich, we just made the decision to live in a town of under 10k instead of a city of millions…
Edit: I find it very funny that I get downvoted every time I mention that living comfortably outside major city centers is possible… If everyone that’s now 100% remote moved to smaller towns, cities might even become affordable to live in!