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I always wonder if expectations are set correctly for “kids these days”. I bought my first house at about 26, halfsies with a friend, but we were above average
by aksss 6y ago
I always wonder if expectations are set correctly for “kids these days”. I bought my first house at about 26, halfsies with a friend, but we were above average income for our age being programmers back in the very early aughts. I don’t think my parents had their first home until they were in their thirties. There are certainly zoning issues in cities, there are legitimate issues with living wages, but the idea that you could step out of your parent’s house at less than 26 years of age and have the capital, credit history, etc., much less maturity, to own a house (and all that entails) seems like a mis-calibrated expectation. Kids need to allow for the idea that most people spend years amassing wealth in order to buy a home, and adults now were just as broke when they were young and starting out. It’s the difference between being level 1 and level 20. You don’t get the same cool stuff at lvl 1. If anything, I see far more economic opportunities (thank you, Internet) for young adults now than at any time in the past. There’s far more money in the United States than there is talent. Disposable income is crazy.
- deleted 6y ago[deleted]