▲ 339 ▼ We shouldn't have to go to college in order to afford a house by 30. (lemmings.world) submitted 9 months ago by theoneandonlyeggboi@lemmings.world to c/showerthoughts@lemmy.world 134 comments fedilink hide all child comments
[–] Monster96@lemmy.world 142 points 9 months ago (2 children) Op thinks we can afford a house by 30 if we go to college. permalink fedilink source hideshow 4 child comments replies: [–] SpankyDoodle@eviltoast.org 8 points 9 months ago (1 child) 36 and counting… permalink fedilink source parent hideshow 2 child comments replies: [–] Iunnrais@lemmy.world 5 points 9 months ago 42 and counting… I actually have some small hope of trying to buy a house next year though. Not in my home of America though, it’ll be as an expat, and contingent on a foreign bank extending me credit. Not a sure thing at all, but… I’m hoping? There might actually be a path forward? Maybe? permalink fedilink source parent [–] TronBronson@lemmy.world 4 points 9 months ago (1 child) I think the non-college route yielded better than college for my age cohort. First dude I knew who bought a house was like 19 and he’d been working at Costco for 4+ years. 2008 happened and suddenly this young man had a stable job and savings and looked great on paper 🥲 permalink fedilink source parent hideshow 2 child comments replies: [–] freebee@sh.itjust.works 2 points 9 months ago (2 children) People I know with most real estate are 2 kinds. inherited everything. stayed in hotel Mama for free for years while not studying, but working as plumber/contractors/mechanic etc starting age 18-19. By the time they moved out age 26-30 they were already loaded, renting out multiple apartments. Both required parents, either they had to be wealthy and die early or decided to gift capital early; or to be super supportive, fun (tolerable) enough to keep living with after 18 and not asking you to pay rent. permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 2 points 9 months ago Yea I hope I put enough emphasis on the 2008 crash being responsible for his luck. I think he paid around $100,000 for a condo in California. I grew weed for 20 years which was the only way I got on the housing ladder at 26. I’ve been forced to downsize already but haven’t fallen off yet permalink fedilink source parent [–] TronBronson@lemmy.world 1 point 9 months ago Also you could still rent a house back in 2008 for like $400-$1000 so the living with the parents thing wasn’t a necessity back then. We’d have 4 dudes in a 2 bedroom housing paying 2-$300 a month permalink fedilink source parent
[–] SpankyDoodle@eviltoast.org 8 points 9 months ago (1 child) 36 and counting… permalink fedilink source parent hideshow 2 child comments replies: [–] Iunnrais@lemmy.world 5 points 9 months ago 42 and counting… I actually have some small hope of trying to buy a house next year though. Not in my home of America though, it’ll be as an expat, and contingent on a foreign bank extending me credit. Not a sure thing at all, but… I’m hoping? There might actually be a path forward? Maybe? permalink fedilink source parent
[–] Iunnrais@lemmy.world 5 points 9 months ago 42 and counting… I actually have some small hope of trying to buy a house next year though. Not in my home of America though, it’ll be as an expat, and contingent on a foreign bank extending me credit. Not a sure thing at all, but… I’m hoping? There might actually be a path forward? Maybe? permalink fedilink source parent
[–] TronBronson@lemmy.world 4 points 9 months ago (1 child) I think the non-college route yielded better than college for my age cohort. First dude I knew who bought a house was like 19 and he’d been working at Costco for 4+ years. 2008 happened and suddenly this young man had a stable job and savings and looked great on paper 🥲 permalink fedilink source parent hideshow 2 child comments replies: [–] freebee@sh.itjust.works 2 points 9 months ago (2 children) People I know with most real estate are 2 kinds. inherited everything. stayed in hotel Mama for free for years while not studying, but working as plumber/contractors/mechanic etc starting age 18-19. By the time they moved out age 26-30 they were already loaded, renting out multiple apartments. Both required parents, either they had to be wealthy and die early or decided to gift capital early; or to be super supportive, fun (tolerable) enough to keep living with after 18 and not asking you to pay rent. permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 2 points 9 months ago Yea I hope I put enough emphasis on the 2008 crash being responsible for his luck. I think he paid around $100,000 for a condo in California. I grew weed for 20 years which was the only way I got on the housing ladder at 26. I’ve been forced to downsize already but haven’t fallen off yet permalink fedilink source parent [–] TronBronson@lemmy.world 1 point 9 months ago Also you could still rent a house back in 2008 for like $400-$1000 so the living with the parents thing wasn’t a necessity back then. We’d have 4 dudes in a 2 bedroom housing paying 2-$300 a month permalink fedilink source parent
[–] freebee@sh.itjust.works 2 points 9 months ago (2 children) People I know with most real estate are 2 kinds. inherited everything. stayed in hotel Mama for free for years while not studying, but working as plumber/contractors/mechanic etc starting age 18-19. By the time they moved out age 26-30 they were already loaded, renting out multiple apartments. Both required parents, either they had to be wealthy and die early or decided to gift capital early; or to be super supportive, fun (tolerable) enough to keep living with after 18 and not asking you to pay rent. permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 2 points 9 months ago Yea I hope I put enough emphasis on the 2008 crash being responsible for his luck. I think he paid around $100,000 for a condo in California. I grew weed for 20 years which was the only way I got on the housing ladder at 26. I’ve been forced to downsize already but haven’t fallen off yet permalink fedilink source parent [–] TronBronson@lemmy.world 1 point 9 months ago Also you could still rent a house back in 2008 for like $400-$1000 so the living with the parents thing wasn’t a necessity back then. We’d have 4 dudes in a 2 bedroom housing paying 2-$300 a month permalink fedilink source parent
[–] TronBronson@lemmy.world 2 points 9 months ago Yea I hope I put enough emphasis on the 2008 crash being responsible for his luck. I think he paid around $100,000 for a condo in California. I grew weed for 20 years which was the only way I got on the housing ladder at 26. I’ve been forced to downsize already but haven’t fallen off yet permalink fedilink source parent
[–] TronBronson@lemmy.world 1 point 9 months ago Also you could still rent a house back in 2008 for like $400-$1000 so the living with the parents thing wasn’t a necessity back then. We’d have 4 dudes in a 2 bedroom housing paying 2-$300 a month permalink fedilink source parent
