Nigga you married?

Exactly the same question I been asking. They don’t wanna put in the work. Rather complain.

Or they ain’t take this s*** seriously enough and made poor decisions. Too many people going into massive debt for useless degrees. Do your research and don’t waste your time.

Even if you get set up snd waste a couple years of college on bullshit you have plenty of time to turn that around into something worthwhile. Just do your research, have a goal, and work hard.

Like I said bro follow the money. You can make 65k in the Midwest or the south or whatever.

Or you can head out to NorCal where new grads are getting 80/hr. New grads are making over 110k rn in NYC too.

After my first year of working I dipped right on out to cali to make real money. Went back to school for my DNP (which my hospital paid for). I’m set

It's pretty simple economics

If you live in a very desirable area there are likely more people coming into your area (demand for houses goes up), but they aren't building enough houses to keep up (supply is low)

This will always cause a price issue for homes, as long as there is more demand than supply prices will never go down in the long run, just increase way more slowly

The thing is there is affordable housing in A LOT OF PLACES but it requires people to move to those places. I can understand why they don't want too because of job prospects, family and friends.

I don't think its right but this is occurring all over the world. In a lot of cities in the world SF, Hong Kong, London UK, NYC home ownership isn't even a thought, they are renter cities. Unfortunately this will happening in other places now.

It's not right that it takes 2 good incomes to own a house in your desired location now but banking on some correction/crash is never going to happen. It's also not a right to own property in your desired location. If people are prepared to move then infrastructure will build in these new places and it will become desirable over time.

Think you were set when you were born bruh lol

Look it's TOUGH out there man but this is a super f***ing defeatist mentality. You're counting yourself out of the mix before you've even tried to go get it

I bought three years ago in a market that was on its way up (paid $450k for a really nice single family home in New England), but I had the benefit of an interest rate that was crazy low (2.625%). Still though, my wife and I can afford everything we need, including housing, off of just my income. Because I get out there and I hustle and stack bread

Also saving up and investing in decent mutual/index funds consistently over time will eventually make you a millionaire, and you'll be able to buy a home. I don't know if the market will correct itself or crash down, but I do know that sitting on the sidelines waiting for that to happen won't get you anywhere. Some dude was telling me he was waiting it out for a crash when I was buying here we are three years later and my house has appreciated 20+% and interest rates are 3x what they were then

Hopefully the interest rates come back down at least, because that makes a massive difference in payment affordability

ALSO you can move if your area is crazy expensive. If you can't afford the area.... move! There are plenty of affordable areas left

-Paid $43/hour to post this by KTT2

I was raised in Section 8 on welfare and food stamps and made $200k last year

ANYTHING IS POSSIBLE

with that mentality no you won’t buy a home you’re already counting yourself out. don’t compare yourself to the average man unless you don’t wanna work your ass off in which case go to like europe or something where they pay you a livable wage to not work

Thread is pessimistic in its intent. I think realistically 40~50% of this thread will own a home within the next 20 years. Hopefully more.

Been married for 4 years bro. Don’t worry I cheat

Own a 2 story condo with wifey since late 2020. Wont sell it when we get a home in 4-5 yrs will rent it. S*** right now if we was buying we could afford a house now.
So like huh yeah stay safe outchea

Honestly bro, I’m not speaking necessarily for myself. It’s more in general. I make enough to secure a property but generally speaking, it will suck for most

Yeah, if you don't choose a high-earning profession it really will be tough. People will have to choose to sacrifice their happiness at work to do something they don't want to do just because it pays enough to give them financial stability. That part of it really blows

What do you mean by easy? Are the alternatives any easier? Is working minimum wage easy? Is struggling to make ends meet easier? What we're saying is if we can do it, so can you and I absolutely believe that you can.

I don't know how it is where you are living but half of California's population was not born here and it's even higher in the cities. We're living in a globalized economy now and just because people don't want to put in the work because they think it's hard doesn't mean other people won't. As more people reach middle class demand will only go up.

Man, I feel where you're coming from. The housing market can be tough, and it seems like it's getting harder and harder for a lot of people to become homeowners. But it's important not to get too discouraged by the statistics.

There are still options out there, like government assistance programs, first-time homebuyer grants, and saving up for a down payment over time. It might take longer than we'd like, but with some dedication, patience, and financial planning, it's possible for many of us to achieve that goal.

Plus, it's essential to remember that everyone's journey is different. Homeownership might not be the right choice for everyone, and that's okay. There are plenty of other ways to build a fulfilling life, and it's all about finding what works best for you.

I agree, but realistically speaking most people aren't getting a high paying position ever in their life. Statistically speaking, most men won't make even 100k in their lifetime then combine that with COL, it's just a different world from previous eras.