Mom Takes Her Adult Son Apartment Hunting & Realizes There is No Way He Can Afford To Live On His Own — ‘Millennials Are Not Lazy’
Mom Takes Her Adult Son Apartment Hunting & Realizes There is No Way He Can Afford To Live On His Own — ‘Millennials Are Not Lazy’
She was shocked to learn just how expensive it is to both apply for and rent an apartment.
Uh, the youngest millennial is 28 years old. Why is mommy taking him apartment shopping?
The kid sounded like he had a plan of his own and was working towards it, so it might just be as simple as mom has a car and he doesn't, or it's his first apartment and she knows what to look out for when moving into a new one, which he's never had experience doing. The article doesn't make it sound like he's some totally dependent man-child, but it also doesn't elaborate enough to really say why she went along.
As a Gen-X'er, I had the same conversation with my grandparents 35 years ago.
"Why don't you just buy a house?"
"Do you know how much houses cost now?"
"Well, we bought our first house for $40,000."
"$40,000 isn't even a down payment now. Tell you what, here's how much I make, let's sit down with the real estate listings and you tell me what I can afford."
". . . Oh."
"Yeah, right, 'Oh'."
I did finally buy a house... 33 years later, a decade after they both died.
I've bought two homes with a price tag under 80k - most recently about 15 years ago (and it was a fixer upper to be sure) and sold it for about that 12 years ago. My first house I bought when I was 23. 27 years ago. I don't recall what I put down, but it was under $5k.
Which isn't to argue so much as just demonstrate that this varies wildly with location.
Congratulations on living in a town where nobody wants to live?
You bought busted ass houses during the multinational housing market crash. At the time banks were struggling to offload massive inventory repossessed from people who could no longer pay whist they themselves were worrying about going bankrupt. There was very little in the way of credit available so you presumably bought them for cash which means that while everyone else was losing their ass you had more liquid wealth than most everyone. The last time this happened previously was the great depression.
To describe this as situations vary with location is to be completely full of shit.
Houses ARE cheaper in the boondocks where there are no jobs but this isn't a viable strategy for most folks.
I could see that in some states, pretty much not anywhere on the West coast, at least not a house you could live in.
$25,000 - 1966 mobile home. But you can't get traditional financing on a mobile home that old because they aren't worth anything.
https://www.realtor.com/realestateandhomes-detail/16745-SE-Division-St-Unit-131_Portland_OR_97236_M22120-62557?from=srp-list-card$60,000 - 1997 mobile home, same deal.
27.5 year limit. So anything older than January, 1997.
Yep, you could still probably find that in the town I grew up in - which the major employer left decades ago, everyone of working age moved out, and has been getting more rundown and greyer every year. Sometimes a cheap house is not worth it.
Oh yeah, it absolutely varies wildly. My first place is back on the market for little more than I sold it for over a decade ago. My current home is worth far more than I paid for it just a few years ago. They're 4 hours apart.
This is why I hate how media tries to stir up ‘this generation vs that’, and I refuse to fall prey to it. I’m 40 and I have so much respect for younger generations trying to make it now. It’s still hard enough for me and I can’t imagine how much harder it is for them.
Also, even if I don’t get the stuff they’re into, that’s ok because the generations before me don’t get the stuff I’m into. People seem to get older and forget they were at one time considered the ‘lazy’ ones who liked ‘dumb’ stuff.
Literally every single generation we have records of. Hell, there were ancient Romans (and I mean ANCIENT) who wrote about how their 'cultural values' were in decline compared to the older generations. And this was BEFORE Rome was even an empire, this was back in the B.C.E.s
And her son wasn't the only one struggling. Jess received a call from her eldest daughter, who was complaining that her husband was going to have to quit his job to take care of their kids because of how expensive childcare was. They were spending more on daycare than what he was earning.
Obviously the solution is to ban abortion
No better way to keep women, poor, oppressed, and chained to marriage whether they want to be or not.
Lol