5 ms·
I think that the kind of Millenials this article is trying to describe (DC/NY/SF types) don't live in places where housing is affordable. I'm pretty much a spo
by showerst 14y ago
I think that the kind of Millenials this article is trying to describe (DC/NY/SF types) don't live in places where housing is affordable.
I'm pretty much a spot on example of what this article's describing; I live in DC where the average person in my peer group is still single, makes <50K/yr, and has student loans. A decent metro-accessible 2BR apartment here is 350K+, a house in the gentrified or gentrifying parts of the city is 500K+ (if school is a concern, make that 700K+).
This is COMPLETELY different from the experience that my friends back home in my small city in Missouri have, many of whom are married and buying houses for a song (<100K on 25-80K combined incomes).
The car thing fits this pattern too, a car in DC (and especially NY) is a total luxury item. A parking spot alone in my building is more than my rent was in MO. In MO, it's a necessity.
It's not that the author is right or wrong, they're just using a very broad brush to talk about a specific (albeit usually trend-setting) group of people.