How in the fuck are most people affording to rent even a god damn apartment?
I live in a relatively low income area and all apartments even with one bedroom are going for $1,200 a month just in rent. There's not a single house to rent that isn't at least $1,400 a month.
I'm making $27 an hour full time and even budgeting extremely frugally if I moved out of my parents house I would be putting away not even $10,000 a year and this is not including starting a family or any emergencies that come up OR health insurance.
This country is demographically doomed.
I pass by so many people everyday who seem to be getting by just fine, there's barely any houses or apartments for rent since they are all occupied, how in the fuck are they doing it?
Shut up millennial. I bought my first home when I was 24 years old. You're just lazy.
Parker Smith
sounds like you live in calirado, user move somewhere decent
Brody Green
I bought my first house when I was 19. I worked a shitty menial job and worked long hours to afford it. Yes it was a fixerup and needed work and I was doing that too. It's all about priorities. For instance I didn't shell out for internet and went off line for a while.
Carter Evans
No, this is in a non-democrat, southern state with relatively low cost of living. In between Hickville and the major city.
Jace Powell
>internet is a luxury you kids can do without >stop buying coffee and paying for phone service too
I bought my first house when I was 18. I turned tricks to afford it. Yes I was a fuckhole and got worked deep but I bought for 180k now its worth 700K. It's all about priorities. For instance I haven't shit right in decades.
Luis Smith
>how are they doing it They don't think about things like that fren Most people aren't putting away a dollar a year and don't care one bit about it
Elijah Myers
This And rent/property is the ultimate boomer scam But it is what it is No way around it currently
Benjamin Reyes
The only way out of it currently is going to be an artificially created meat grinder, either global war or civil war, but let's be honest and say that a US civil war will start a global one anyway.
If only in 1965 they didn't decide to flood the country with immigrants, there would still have been plenty of time for the US to reach the stars before the crampness set in. But we chose the Jewish subversion instead.
Robert Morris
Why are millennials so entitled?
Brandon Ross
Post pay stub to add credibility to your story fucktard.
Anthony Wright
Most girls have only fans and make their rent from thirsty betas.
Maybe not most, but 5 girls on my floor in my apartment complex do.
David Hill
I'm not a boomer dude and living without excessive shit is virtuous. Cut costs where you can and accept this is the shitty world our parents left us
Adrian Powell
terrible bait
Noah Thompson
Took out an AG loan with 0% interest and only 25gs down, got a nice little 4/2 ranch house on 6 1/2 acres. I requested a large enough loan to also cover fixing the place up.
My note is 850 a month. My apartment rent before I moved was 1375.
Then the fun part, I put in 3 large pens that cover about 2 1/2 acres in which I have chickens and some lambs. I've dedicated another acre to growing crops. Then covered my house, and about 600 feet of free standing solar panels.
I get enormous agricultural tax breaks, and crop subsidies from uncle sam. Then on top of that I got tax breaks for my solar equipment. So the money I get in subsidies really means I only pay about 500 a month. Plus the other upside is that I pay for no electricity. I also get to sell my animals when they mature. Its weird you just have to play the systems game in order to win.
Brandon Peterson
>NOOOO I DON'T WANT TO WORK AT AN AMAZON WAREHOUSE >NOOOOOOOO I DON'T WANT TO LIVE IN A LOW COST OF LIVING AREA >NOOOOO I JUST NEED TO KEEP SHITPOSTING FROM MY MOM'S BASEMENT
You fucking drones are all the same and boring as fuck. There is plenty of opportunity if you would fucking do something besides sit on your goddamn ass
why the fuck would you buy a home at 19 years old when you don’t know what the fuck you’re doing with your life. fuck that. the internet is the only thing keeping me from blowing my brains out
Connor Campbell
>bait I worked from the bottom up and now make over 100k a year. How about you stop being self loathing loser and put some effort in trying to better yourself. Your shitcoins won't make you rich
Hudson Jenkins
You dont live in a low-income area. You live in a slum in a high-income area.
Move to Ohio. I have a beautiful 1br for $700/mo and starter homes are 60-90k.
Gavin Bailey
We aren't all cut out for the life of a high-class trap escort, but I'm glad you made it.
I'm a few months off an engineering PhD., and I'm this close to just gold panning in the mountains.
William Hernandez
Well if living with your boomer parents is unbearable like it was for me, you have two choices: throw money away on rent, or save for a deposit and get your own place. Having your own place is good because you build up capital while you're figuring out what you want to do with you life (i still donno). You can also get people to share with you and collect more money if that's your thing.
Julian Davis
You live my ideal. Ag loans + tax is something I should look into as my wife and I are buying our first place soon, which we'll homestead on. She'll make babies and tend to the garden while I work and we save 70% of my income for investment into crypto, real estate, and shiny rocks to fund an early retirement.
Adrian Harris
I live in a major metropolitan area and I can find housing you described for much cheaper. You're retarded and don't know how to search for what you're looking for.
Robert Anderson
He also doesn't make 27/hr.
Brayden Richardson
And time offline was pretty good in helping me narrow choices down. Online we're always searching for something and there's too many possibilities.
Zachary King
Cle suburbs here. Where you at? Looking for something at 90k
Evan Torres
>$15 full time >$2000 a month after taxes (40 hour week) >rent, food, healthcare, gas, etc. >literally treading water, no savings/no emergency fund >mental health collapsing from working 24/7 to survive with no end in sight >niggerland USA, every drive home is a d20 roll for survival >no energy to do anything else when you get home >”just work more, lazy ass. early bird gets the worm!” god you are such a fucking fag
Owen Bailey
Roommates, If you're living on your own you're sacrificing to do so. Most people just eat crap food and let their bodies go. They seem to be doing just fine but you just need to look for the one area they're cutting back on. Dentistry, Medical, transportation, food, computer/internet,
Cutting out internet at your place, having a job that pays for your phone can save you $200 a month. Things like that,
William Phillips
I’m in CC for cyber security and i enjoy it, there’s just no way in hell i’m getting a house if i’m not guaranteed a job right out of school. it’s not 1950 anymore folks.
Jack Johnson
I'm working 60 hour work weeks on salary, making $40k before tax.
My section of the company is literally working at 50% profit, has no debt whatsoever, and already has millions in savings. The company could afford to give EACH worker in my department an extra $320k a year and still be at 30% profit.
Meanwhile my bosses have multiple homes, coke and steroid addictions, $300k cars, and their own millions in the bank.
Bentley Reed
>18.50 after x amount of time >opportunities to move into different roles >more than min wage
user... you're pathetic.... move out of mom's basement. There are opportunities out there, you just have to work.
James Thompson
That's the thing there are no guarantees anymore. It's not 1950 and hard work isn't as valuable as it used to be. I'm hoping for a moonshot. It's the only thing that would bring sense to clown world. Good luck though bro
James Brooks
>people everyday who seem to be getting by just fine Literally everyone is drowning in debt. Half the debt is due to poor life choices and the other half is to keep up appearances that everything's fine. But literally everyone is drowning who isn't in the top 10% of the wealth ponzi.
Kayden Reyes
So what do you do then? How are you taking on so much debt but being able to just kick the can down the road? They come for your shit eventually.
Angel Gutierrez
This shit doesn’t happen to me personally- i have friends who live this life and it’s miserable. You shouldn’t have to waste the golden years of your life wagecucking to survive. it’s much worse if you can’t find a job after you slave for your degree and are barely able to pay interest. and, surprise surprise, some of our parents don’t want us in the house. shocking.
Jaxson Green
>putting away $10k per year there you are. that's why you're not able to justify it.
33% of the population is living paycheck to paycheck, another 20% have less than 6 months in savings.
you want to know how people afford it? they're debt slaves for life with no prospect of retirement or way out of the rat race.
Luis Morris
likewise. i’m not hedging it all on crypto but it would be nice to have a platform to launch off of. godspeed, user.
Jose Campbell
Can you give more details on AG loans? I saw usda does 0 down loans in towns with less than 30k people and was qualified for like $120k, would pay $180k over 33 years. Was thinking about using that to buy 1-2 acres then building a house from scratch. I figure i can make it really nice for one person.
Jackson Wilson
Then waste your "golden years" doing what you fucking enjoy and quit bitching jesus christ, do you think people at the water plants, power plants, etc want to do what they're doing so you can mooch off them?
The system isn't perfect but you fucking idiot kids need to understand that you have to contribute to society for it to fucking function.
Yes it is not completely efficient, but there is plenty of work if you want to work. If you want to whine and collect welfare, you can do that too.
I started off making 9/hr and worked my way up, get over it. Sometimes you have to SACRIFICE in order to reap rewards.
Leo Mitchell
Most people under 40 or so are not doing that well. Everyone is struggling with crazy rent prices and real estate increases. I have bought and sold multiple properties in the past few years and spend a lot of time on the topic, so I like to think I have some idea of what is going on.
The real answer is that housing inventory has been extremely low for the past 5-6 years while demand has been surging. There are three ways out of this problem, as I see it.
1 - Housing crash. This is the most likely due to demographics and inflated home values.
2 - New boom in home construction - likely only to happen if new technology drives down the prices of construction (labor is too expensive and building supplies are starting to creep up) or there is a massive shift in sentiment away from the cities. We are starting to see this with movements like "tiny houses" and communal living. Only a matter of time before you see people ditch the city to live the cheap socialist utopia meme in the countryside for 3-5 years until reality sets in that it's impossible.
3 - Massive nominal wage inflation. With all the recent money printing this is possible, but not likely.
More than likely it is a combination of these three. Forbearance protection ends at the end of August (though it could be extended again) and you'll slowly start to see an uptick in foreclosures after that. Many homeowners (and Airbnb / VRBO speculators) haven't paid their mortgage in several months at this point. There are also a lot of landlords right now that are doing without rental income and there is a good chance many of those people will decide the landlord business isn't for them and dump the properties once the china virus had run it's course. The foreclosure process takes a long time so I wouldn't expect to see many hitting the market until next Summer-Fall.
Colton Gutierrez
OP makes no sense at all. I make 25 an hour and my apt is 1250 and I put away almost 13 grand last year. Yes, I have a small business, but 90% of my revenue is from my job. Maybe stop being a retard and eating 20 dollar lunches every day?