▲ 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
[–] atcorebcor@sh.itjust.works 48 points 9 months ago (3 children) What makes you think people with degrees can afford a house by 30? permalink fedilink source hideshow 6 child comments replies: [–] FatVegan@leminal.space 8 points 9 months ago (1 child) I think people with degrees are less likely to own a house by the age of 30, because they studied longer and have to pay off debt first. The only reason i own a house is because i found one for super cheap and renovated it myself. permalink fedilink source parent hideshow 2 child comments replies: [–] TronBronson@lemmy.world 5 points 9 months ago (1 child) That’s probably the best strategy. Or buying a duplex and renting half of it. Either way now-a-days in America you gotta be willing to put ALOT of sweat equity in the get a shelter permalink fedilink source parent hideshow 2 child comments replies: [+] Jack_Burton@lemmy.ca 5 points 9 months ago* (last edited 5 months ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 1 point 9 months ago (1 child) Right, but you’d try to find a distressed duplex for the same price as a single family. If you’re gonna risk buying a shitter and fixing it, might as well get an additional income. permalink fedilink source parent hideshow 2 child comments replies: [+] Jack_Burton@lemmy.ca 1 point 9 months ago* (last edited 5 months ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 1 point 9 months ago Most people use this trick when they have friends or family and the rental is a mutually beneficial situation. but when you get into larger homes and commercial redesignation, we’ve turned a lot of old mansions and warehouses into 4+ unit condos. permalink fedilink source parent [–] TronBronson@lemmy.world 1 point 9 months ago Varies by town ordinance; but if it’s within standards usually you can get a deed for each unit and it becomes a condo association basically. Part of the zoning reforms we are fighting for. permalink fedilink source parent [–] UltraGiGaGigantic@lemmy.ml 1 point 9 months ago Not a fan of capitalism? Just exploit the working class duh! permalink fedilink source parent [–] Korhaka@sopuli.xyz 4 points 9 months ago (1 child) I usually hear people say US wages are great, and yet we managed to buy a house in our 20s when I was on near UK minimum wage. That was a couple of years ago as I am not in my 20s anymore. But I can still save up hundreds a month without even trying very hard. No degree, no driving licence. The internet gave me the impression it wasn't this easy. I would acknowledge only having unstable work at best must suck a lot more though. permalink fedilink source parent hideshow 2 child comments replies: [–] atcorebcor@sh.itjust.works 1 point 9 months ago (1 child) I live in a European capital, and house prices have outpaced wages a long time ago. permalink fedilink source parent hideshow 2 child comments replies: [–] Korhaka@sopuli.xyz 1 point 9 months ago (1 child) Capital cities are always more expensive though permalink fedilink source parent hideshow 2 child comments replies: [–] atcorebcor@sh.itjust.works 1 point 9 months ago Yeah that doesn’t take away from how they shouldn’t be. The only reason they are expensive is because we are not responding to the rising demand because regulation prevents it causing speculation exacerbated by mortgage subsidies. permalink fedilink source parent [–] Appoxo@lemmy.dbzer0.com 1 point 9 months ago And especially after goibg to an US college. All I heard so far, you will be even further away from reaching the house goal. permalink fedilink source parent
[–] FatVegan@leminal.space 8 points 9 months ago (1 child) I think people with degrees are less likely to own a house by the age of 30, because they studied longer and have to pay off debt first. The only reason i own a house is because i found one for super cheap and renovated it myself. permalink fedilink source parent hideshow 2 child comments replies: [–] TronBronson@lemmy.world 5 points 9 months ago (1 child) That’s probably the best strategy. Or buying a duplex and renting half of it. Either way now-a-days in America you gotta be willing to put ALOT of sweat equity in the get a shelter permalink fedilink source parent hideshow 2 child comments replies: [+] Jack_Burton@lemmy.ca 5 points 9 months ago* (last edited 5 months ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 1 point 9 months ago (1 child) Right, but you’d try to find a distressed duplex for the same price as a single family. If you’re gonna risk buying a shitter and fixing it, might as well get an additional income. permalink fedilink source parent hideshow 2 child comments replies: [+] Jack_Burton@lemmy.ca 1 point 9 months ago* (last edited 5 months ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 1 point 9 months ago Most people use this trick when they have friends or family and the rental is a mutually beneficial situation. but when you get into larger homes and commercial redesignation, we’ve turned a lot of old mansions and warehouses into 4+ unit condos. permalink fedilink source parent [–] TronBronson@lemmy.world 1 point 9 months ago Varies by town ordinance; but if it’s within standards usually you can get a deed for each unit and it becomes a condo association basically. Part of the zoning reforms we are fighting for. permalink fedilink source parent [–] UltraGiGaGigantic@lemmy.ml 1 point 9 months ago Not a fan of capitalism? Just exploit the working class duh! permalink fedilink source parent
[–] TronBronson@lemmy.world 5 points 9 months ago (1 child) That’s probably the best strategy. Or buying a duplex and renting half of it. Either way now-a-days in America you gotta be willing to put ALOT of sweat equity in the get a shelter permalink fedilink source parent hideshow 2 child comments replies: [+] Jack_Burton@lemmy.ca 5 points 9 months ago* (last edited 5 months ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 1 point 9 months ago (1 child) Right, but you’d try to find a distressed duplex for the same price as a single family. If you’re gonna risk buying a shitter and fixing it, might as well get an additional income. permalink fedilink source parent hideshow 2 child comments replies: [+] Jack_Burton@lemmy.ca 1 point 9 months ago* (last edited 5 months ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 1 point 9 months ago Most people use this trick when they have friends or family and the rental is a mutually beneficial situation. but when you get into larger homes and commercial redesignation, we’ve turned a lot of old mansions and warehouses into 4+ unit condos. permalink fedilink source parent [–] TronBronson@lemmy.world 1 point 9 months ago Varies by town ordinance; but if it’s within standards usually you can get a deed for each unit and it becomes a condo association basically. Part of the zoning reforms we are fighting for. permalink fedilink source parent [–] UltraGiGaGigantic@lemmy.ml 1 point 9 months ago Not a fan of capitalism? Just exploit the working class duh! permalink fedilink source parent
[+] Jack_Burton@lemmy.ca 5 points 9 months ago* (last edited 5 months ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 1 point 9 months ago (1 child) Right, but you’d try to find a distressed duplex for the same price as a single family. If you’re gonna risk buying a shitter and fixing it, might as well get an additional income. permalink fedilink source parent hideshow 2 child comments replies: [+] Jack_Burton@lemmy.ca 1 point 9 months ago* (last edited 5 months ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 1 point 9 months ago Most people use this trick when they have friends or family and the rental is a mutually beneficial situation. but when you get into larger homes and commercial redesignation, we’ve turned a lot of old mansions and warehouses into 4+ unit condos. permalink fedilink source parent [–] TronBronson@lemmy.world 1 point 9 months ago Varies by town ordinance; but if it’s within standards usually you can get a deed for each unit and it becomes a condo association basically. Part of the zoning reforms we are fighting for. permalink fedilink source parent [–] UltraGiGaGigantic@lemmy.ml 1 point 9 months ago Not a fan of capitalism? Just exploit the working class duh! permalink fedilink source parent
[–] TronBronson@lemmy.world 1 point 9 months ago (1 child) Right, but you’d try to find a distressed duplex for the same price as a single family. If you’re gonna risk buying a shitter and fixing it, might as well get an additional income. permalink fedilink source parent hideshow 2 child comments replies: [+] Jack_Burton@lemmy.ca 1 point 9 months ago* (last edited 5 months ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 1 point 9 months ago Most people use this trick when they have friends or family and the rental is a mutually beneficial situation. but when you get into larger homes and commercial redesignation, we’ve turned a lot of old mansions and warehouses into 4+ unit condos. permalink fedilink source parent [–] TronBronson@lemmy.world 1 point 9 months ago Varies by town ordinance; but if it’s within standards usually you can get a deed for each unit and it becomes a condo association basically. Part of the zoning reforms we are fighting for. permalink fedilink source parent
[+] Jack_Burton@lemmy.ca 1 point 9 months ago* (last edited 5 months ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] TronBronson@lemmy.world 1 point 9 months ago Most people use this trick when they have friends or family and the rental is a mutually beneficial situation. but when you get into larger homes and commercial redesignation, we’ve turned a lot of old mansions and warehouses into 4+ unit condos. permalink fedilink source parent [–] TronBronson@lemmy.world 1 point 9 months ago Varies by town ordinance; but if it’s within standards usually you can get a deed for each unit and it becomes a condo association basically. Part of the zoning reforms we are fighting for. permalink fedilink source parent
[–] TronBronson@lemmy.world 1 point 9 months ago Most people use this trick when they have friends or family and the rental is a mutually beneficial situation. but when you get into larger homes and commercial redesignation, we’ve turned a lot of old mansions and warehouses into 4+ unit condos. permalink fedilink source parent
[–] TronBronson@lemmy.world 1 point 9 months ago Varies by town ordinance; but if it’s within standards usually you can get a deed for each unit and it becomes a condo association basically. Part of the zoning reforms we are fighting for. permalink fedilink source parent
[–] UltraGiGaGigantic@lemmy.ml 1 point 9 months ago Not a fan of capitalism? Just exploit the working class duh! permalink fedilink source parent
[–] Korhaka@sopuli.xyz 4 points 9 months ago (1 child) I usually hear people say US wages are great, and yet we managed to buy a house in our 20s when I was on near UK minimum wage. That was a couple of years ago as I am not in my 20s anymore. But I can still save up hundreds a month without even trying very hard. No degree, no driving licence. The internet gave me the impression it wasn't this easy. I would acknowledge only having unstable work at best must suck a lot more though. permalink fedilink source parent hideshow 2 child comments replies: [–] atcorebcor@sh.itjust.works 1 point 9 months ago (1 child) I live in a European capital, and house prices have outpaced wages a long time ago. permalink fedilink source parent hideshow 2 child comments replies: [–] Korhaka@sopuli.xyz 1 point 9 months ago (1 child) Capital cities are always more expensive though permalink fedilink source parent hideshow 2 child comments replies: [–] atcorebcor@sh.itjust.works 1 point 9 months ago Yeah that doesn’t take away from how they shouldn’t be. The only reason they are expensive is because we are not responding to the rising demand because regulation prevents it causing speculation exacerbated by mortgage subsidies. permalink fedilink source parent
[–] atcorebcor@sh.itjust.works 1 point 9 months ago (1 child) I live in a European capital, and house prices have outpaced wages a long time ago. permalink fedilink source parent hideshow 2 child comments replies: [–] Korhaka@sopuli.xyz 1 point 9 months ago (1 child) Capital cities are always more expensive though permalink fedilink source parent hideshow 2 child comments replies: [–] atcorebcor@sh.itjust.works 1 point 9 months ago Yeah that doesn’t take away from how they shouldn’t be. The only reason they are expensive is because we are not responding to the rising demand because regulation prevents it causing speculation exacerbated by mortgage subsidies. permalink fedilink source parent
[–] Korhaka@sopuli.xyz 1 point 9 months ago (1 child) Capital cities are always more expensive though permalink fedilink source parent hideshow 2 child comments replies: [–] atcorebcor@sh.itjust.works 1 point 9 months ago Yeah that doesn’t take away from how they shouldn’t be. The only reason they are expensive is because we are not responding to the rising demand because regulation prevents it causing speculation exacerbated by mortgage subsidies. permalink fedilink source parent
[–] atcorebcor@sh.itjust.works 1 point 9 months ago Yeah that doesn’t take away from how they shouldn’t be. The only reason they are expensive is because we are not responding to the rising demand because regulation prevents it causing speculation exacerbated by mortgage subsidies. permalink fedilink source parent
[–] Appoxo@lemmy.dbzer0.com 1 point 9 months ago And especially after goibg to an US college. All I heard so far, you will be even further away from reaching the house goal. permalink fedilink source parent