Should go to trade school instead.
And build your own shelter with the results.
It’s pretty much only a problem in the US.
No it’s not. In France it’s just as much of a problem if you live in one of the big cities.
No…. It’s substantially worse in Canada, Australia, New Zealand, UK, umm I’m sure more but I read about theirs most.
I got an MS in a STEM field and wasn’t able to buy a house until I was 36, supervising multiple employees, and married to someone who also contributed.
you’re lucky, what major was it, i had a friend who got the MS version of BS degree, no job, but she had a partner so shes pretty much fine, since she already gave up searching for a job like less than 6 months.
You shouldn’t have to work to be able to live, period.
The right to live with dignity should not be dependent on productivity.
Anyone working full time should always be able to easily provide for themselves and a “reasonable size” family.
I mean, someone has to work. How do you choose who the unlucky bastards are that get sent to the field to grow food for the people who don’t have to work?
How do you choose who the unlucky bastards are that get sent to the field to grow food for the people who don’t have to work?
Preferably, they’d be people without disabilities that prevent them from doing that kind of work. OP didn’t say, “Nobody should work,” just that being able to live shouldn’t be dependent on working.
For millions of people with disabilities, the difference between those two ideas is life-changing. It’s important not to conflate them.
you used to be able to afford a house on a single minimum wage job
maybe 60 years ago.
This is a needless concern. You don’t have to worry about affording a house by 30 by going to college.
At least 3 years of only saving my pay to afford a shack. Still better than what Americans get.
Since you said “house” I’m going to push back a little bit. Housing is unaffordable and we should address it but single-family homes are not a feasible solution for a lot of places and situations.
You kidding me dude? I’m past 40 and not chance to own a house. Grad and masters degree, working in IT. Ah and uni was good and free. granted that was in the developing world, now living in 1st world, but still no house.
When I was 7 my parents owned a house AND bought a beach house.
I had a house before 30. It was okay I guess. Sold due to divorce, now I rent again. I’d love to own another house but not the glorified trailer I had before
we shouldnt have to afford a house
Op thinks we can afford a house by 30 if we go to college.
I think the non-college route yielded better than college for my age cohort. First dude I knew who bought a house was like 19 and he’d been working at Costco for 4+ years. 2008 happened and suddenly this young man had a stable job and savings and looked great on paper 🥲
People I know with most real estate are 2 kinds.
- inherited everything.
- stayed in hotel Mama for free for years while not studying, but working as plumber/contractors/mechanic etc starting age 18-19. By the time they moved out age 26-30 they were already loaded, renting out multiple apartments.
Both required parents, either they had to be wealthy and die early or decided to gift capital early; or to be super supportive, fun (tolerable) enough to keep living with after 18 and not asking you to pay rent.
36 and counting…
42 and counting… I actually have some small hope of trying to buy a house next year though. Not in my home of America though, it’ll be as an expat, and contingent on a foreign bank extending me credit. Not a sure thing at all, but… I’m hoping? There might actually be a path forward? Maybe?
People have gone to college and still can’t even afford a single home, much less, a suitable apartment spot.
It took an MS for me, a BS for my partner, choosing to not adopt children, five years of saving, a minor inheritance from an unexpected death, and the housing market cratering due to the pandemic for us to be able to afford a house that we absolutely could not afford now without making 150% of our current income.
All it took was accruing nearly $100k in combined school loan debt, plus over three times that much in mortgage debt. That’s freedom debt! Murica!
or the job field is soo dismal , catch 22.
The only people I know with houses are the ones with rich parents and it doesn’t matter if they went to college or not.
Im glad i bought my home 20 years ago… no way i could afford a 3-2 at todays going rate.
I blame all the house flipping shows. Made everyone think they could buy a house, paint it, then resell for 100k more.
i think new buyers get low interest loans or something, they use it to flip the house.
Shit, I’d agree if companies like Blackrock didn’t exist.
