4 ms·

Completely agree. Now you make me wonder if the stigma around this kind of life style is being purposefully pushed by moneyed interest like home sellers etc...

• taurath 10y ago
  It's not a stigma, it's societal expectations that ones offspring do better than their parents. Those expectations are being dashed, and heartedly. The millenials know we're being screwed, but the wall of people with massive equity/net worth tied up in their homes isn't budging. This will be a huge crisis going forward as we approach Australia levels of housing costs. Mark my words, in the next 20 years I believe will see a huge asset inflationary bubble that will be worse than the Great Recession.
  • white-flame 10y ago
    The next 20 years will see large mortality in baby boomers, who bought their houses inexpensively and didn't move around much. That's going to return a lot of supply to the market and might drive prices down. At least outside the insane areas like San Francisco and Manhattan.