Millennials - Just a thought

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Web Goof @i_zzzzzz Maybe if millennials spent less on brunch and more on particle physics research they could travel to 1974 and afford a house. Just a thought 9:30 am 17 Oct 16 1,506 RETWEETS 2,282 LIKES

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Z_2

Mar 15, 2021 at 08:10PM EDT in reply to sorathecrow

Even in small towns prices are getting increasingly ridiculous at this point. Just because the loudest complainers ARE the assholes who want to live in California doesn't mean there isn't still a real problem with the disparity between wages… and anything worth buying.

+24

Odie

Mar 15, 2021 at 02:31AM EDT

Maybe if you gave me a small loan when I warned real estate sharks were swimming in our direction and there was still cheap estate available, then I would have paid it off with interest AND would throw one extra plot as a freebie.

Less than 20 years ago dad was already hawking about pulling myself by the bootstraps and get a house already. Aight then, minimum wage was >500 monies/month, a 300sqm plot in the neighborhood was anywhere 3-5k, and dad was sitting on about 20k of severance pay. Both his plots of land were worth 13k monies.

20 years later these are now worth about 300k monies, and half a plot (150sqm) goes for 180k. Minimum wage barely doubled since.

He blew all of that severance pay on a car he barely used, which can be resold for less than 10k.

Great wisdom. Ok boomer.

+20

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