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[–] 247 points 9 months ago (4 children)

Going to college doesnt allow you to buy a house at 30 either lol

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  • [–] 18 points 9 months ago (2 children)

    NOT IF YOU DRINK THE STARBUCKS EVERY DAY.

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  • [–] 14 points 9 months ago (2 children)

    I found a blurb that Americans spend an average of $22/week at coffee shops. That's nearly $1200 per year!

    With a median US home price of $410,000 and a minimum FHA loan down payment of 3.5%, all you need to do it save that for twelve years and never have anything go seriously wrong in the meantime. Then you too can pay about $3300 per month for 30 years, ultimately spending nearly $900,000 for your $410,000 loan.

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  • [–] 10 points 9 months ago

    Rather, it puts you in debt. And now you have even less power. We should normalize everyone being able to live and not force college on everyone. But also make it free/super cheap so people can attend if they want without having to suffer financially

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  • [–] 142 points 9 months ago (5 children)

    Op thinks we can afford a house by 30 if we go to college.

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    [–] 76 points 9 months ago (2 children)

    I went to college, I'm way over 30. Buying a house is a vague dream.

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    [–] 48 points 9 months ago (6 children)

    What makes you think people with degrees can afford a house by 30?

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    [+] 33 points 9 months ago* (last edited 9 months ago) (2 children)
  • [–] 8 points 9 months ago

    It took an MS for me, a BS for my partner, choosing to not adopt children, five years of saving, a minor inheritance from an unexpected death, and the housing market cratering due to the pandemic for us to be able to afford a house that we absolutely could not afford now without making 150% of our current income.

    All it took was accruing nearly $100k in combined school loan debt, plus over three times that much in mortgage debt. That's freedom debt! Murica!

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    [–] 31 points 9 months ago (4 children)

    You kidding me dude? I'm past 40 and not chance to own a house. Grad and masters degree, working in IT. Ah and uni was good and free. granted that was in the developing world, now living in 1st world, but still no house.

    When I was 7 my parents owned a house AND bought a beach house.

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    [–] 30 points 9 months ago

    You don't need to. All you really need is to go for a walk in your desired neighbourhood, find a house you love, knock on the door and introduce yourself. Ask any questions you have about the property, then kill the occupants, flay them and wear their skin as your own as you lead your new charmed life, for as long as you can.

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  • [–] 26 points 9 months ago (6 children)

    Exactly! Learn a good profession like electrician, woodworker, furniture making… any kind of profession where you can create beautiful products and services customers love.

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  • [–] 16 points 9 months ago (1 child)

    When we're at school the teachers never actually take the time to talk about:

    • what non-university educated careers
    • what they involve
    • how to pursue trades based jobs

    And it's weird, because I'm sure everyone would love to at least dabble in woodworking or some other form of craftsmanship. But they don't get the chance to.

    The school-university pipeline works for a lot of people, but I don't think uni straight after school is the ideal situation for most people. It means we lose sight of what education is actually for, outside of progression to further qualifications

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    [–] 21 points 9 months ago (1 child)

    38 with a masters degree. No house in sight. Good luck. Remember, there is always [redacted].

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  • [–] 19 points 9 months ago (4 children)

    I got an MS in a STEM field and wasn't able to buy a house until I was 36, supervising multiple employees, and married to someone who also contributed.

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    [–] 19 points 9 months ago*

    You don't. None of my highly educated friends own a house while the ones working in trades do.

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  • [–] 17 points 9 months ago (1 child)

    Where they give you houses for going to college? Did I missed a promotion?

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    [–] 15 points 9 months ago

    if you go to college you can't even afford to pay for it by 30.

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  • [–] 13 points 9 months ago

    The only people I know with houses are the ones with rich parents and it doesn’t matter if they went to college or not.

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  • [–] 13 points 9 months ago (4 children)

    You shouldn't have to work to be able to live, period.

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    [–] 13 points 9 months ago

    Since you said "house" I'm going to push back a little bit. Housing is unaffordable and we should address it but single-family homes are not a feasible solution for a lot of places and situations.

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  • [–] 10 points 9 months ago (3 children)

    you used to be able to afford a house on a single minimum wage job

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    [–] 9 points 9 months ago*

    There was once a time when people educated themselves not because they wanted a particular job in the economy, but because they saw value in education and wanted to participate in the human tradition of advancing the specie’s ability to understand and use nature. You didn’t need school to be a blacksmith, for example, but perhaps just an apprenticeship (experience).

    There’s a point to be made here, about how this degrades the value of education. It’s great for capitalism, making survival—or “living well”—contingent on qualifications derived from paid education. But what have we lost in this process? It feels, to me at least, like we’ve created a culture where education is a mere lineitem on a checklist. How might that change what education is, what it’s expected to be, and what sort of innovation comes from it?

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  • [–] 9 points 9 months ago (3 children)

    Im glad i bought my home 20 years ago..... no way i could afford a 3-2 at todays going rate.

    I blame all the house flipping shows. Made everyone think they could buy a house, paint it, then resell for 100k more.

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    [–] 9 points 9 months ago (5 children)

    I'm over 40 and could only buy a house somewhere in nowhere land with massive commute needs.

    It's not feasible and I earn way over average salary.

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    [–] 9 points 9 months ago* (last edited 9 months ago) (1 child)

    I think this post should be home that you own. I'm going to say something controversial in that, in the US, I actually think houses should be expensive. I think a single family dwelling >1500sqft on a half acre or more of land is a luxury, and most people don't need to have that much land and space all to themselves. The problem is that that's ALL that's available for most regions in the US. The US is suffering from foolish post-war suburban centric zoning codes that prohibit building medium density housing ("the missing middle"). We need to change zoning codes across the country to encourage building up "gentle density" and mixed use areas, even in rural regions, because they use land and infrastructure much more effectively and efficiently. They raise more revenue for towns while bringing down home prices. If everyone had the option to buy a place of their own <1000sqft with a small land footprint, I don't think there would be as much dissatisfaction with not being able to afford a "house".

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    [–] 8 points 9 months ago (1 child)

    Who pays off a house by the time they are 30?

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    [–] 8 points 9 months ago

    Depending on the field, going to college might not significantly improve your chances.

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  • [–] 7 points 9 months ago (1 child)

    Should go to trade school instead.

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    [–] 6 points 9 months ago (4 children)

    You dont have to go to college to afford a house by 30.

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