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I'm a Millenial, about to turn 30 this year. My wife and I are house-hunting for the first time and discovering that, if we live with roommates instead of havi
by eli_gottlieb 8y ago
I'm a Millenial, about to turn 30 this year. My wife and I are house-hunting for the first time and discovering that, if we live with roommates instead of having kids, we might be able to afford a mortgage around here!
We consider this a huge improvement from renting with roommates. The concept of being able to support children is basically a fantasy, fiscally speaking.
And we're among the fortunate professional class.
- hndamien 8y agoThere actually may be a good advantage to this strategy in that your childcare costs may also reduce with your roommates being able to chip in and be part of the family - even if it is just when you go shopping for an hour. I'm fairly open minded to finding some good friends to work together to overcome the economic reality that this generation is faced with.
- newshorts 8y agoWe are about 5 years older. We went the opposite direction. House is a fantasy and we have a kid in a single bedroom apartment. My wife’s salary pays for daycare and I pay rent. That’s how we afford to live in the Bay Area. When she starts walking we will have to take a look at our options, but the bay is looking less attractive for our late 30s.