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05-20-2024, 6:35pm | #41 | |||||||
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05-20-2024, 9:44pm | #42 | ||||||
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I bought my first house in the mid 80's for just over $100k with Carter interest rates, just below 12 as I recall, plus PMI. Three years ago my daughter bought a house for $350k and very low interest rates, low 3's. She told me what her month payment was, complaining. I told her my first house payment was almost the same, but 35 years ago I was making about half of what she does.
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05-20-2024, 10:34pm | #43 | |||||||
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You bigot. |
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05-20-2024, 10:40pm | #44 | ||||||
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05-21-2024, 5:57am | #45 | ||||||
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Yeah, but those homes have . . . .
Earthtone Shag Carpeting from 45 years ago ~ A Freon Leaking Avocado Fridge that Matches the Avocado Drapes ~ Formica Counter Tops ~ Nothing of the sort when it comes to " Open Concept " Shlocky After Market Installed - Toilet Side Assist Bars ~ Smells Like the Old Boomer's Used Diapers, Moth Balls, and Vick's Vapo Rub ~ These 9 Million Homes aint all that Desirable ~ Plus, the Post Boomer Gen spends all their money on Video Gaming Equipment and are perfectly content in their Parent's Basements ~ They don't the " Homeowner " Experience at all . . . The 9 Million Homes will just be filled by Squatters from all of our new " Migrants " So ~ this is some sort of ~ _____GEDDON alright . . . . |
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05-21-2024, 6:41am | #46 | ||||||
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Sounds like my first place except coppertone appliances (remember those) the dirty diapers were my infant daughters and you'll have to tell me what mothballs smell like (how did you get their little legs apart for a sniff?).
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05-21-2024, 10:22am | #47 | ||||||
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We live in a small neighborhood of single family homes. Most of the homes are owned by older couples although it is not a 55+ community. All of the streets are cul-de-sacs so we get no through traffic. With a few exceptions most of the homes are very well kept, including lawn and garden maintenance. The few homes which are noticeably ragged are, without exception, owned by members of the younger generation. There are some younger folks who do regularly cut the lawn as well as trim and weed. The others seem to take zero pride of ownership in the appearance of their dwellings.
The home we sold 5 years ago to a younger couple I drive by every day. My wife and I took great pride in trimming the ornamental shrubbery, weeding, mulching etc. I don't think the new owners have done anything since they bought it except cut the grass. It's disheartening to see how nature is taking over the areas we worked to keep nice during our ownership. It's theirs, they can do what they like but it makes me sad to see what it has come to since we sold it. |
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05-21-2024, 10:47am | #48 | |||||||
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05-21-2024, 1:09pm | #49 | ||||||
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Its passingly strange but in my daughter's ungated St. Pete, FL neighborhood of modest homes built in the mid-60s, you can't find more than 1 or 2 out of a couple hundred that look a bit unkept, not ghetto, just maybe with some old paint or slightly high grass and there are a mix of old, young, married, single, rednecks, professionals and all races.
Come into my gated community of 1.5 million dollar and up homes built early in this century in Winter Garden and you can find dead lawns, knee high grass and moldy driveways... Hard to reconcile... |
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05-21-2024, 1:37pm | #50 | ||||||
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Waiting for a generation to die-off to purchase a home.
Sounds like a solid plan. Do these Boomers not have children ie a trust? Reality; foreigners and corporations will be happy to purchase your home at a discount. Citizens be damned. Property taxes, ins, exorbant repair costs and materials etc are more likely to force sales. However, with most mtg's below 5% or homes simply paid-off, THAT is even a stretch. |
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05-21-2024, 1:41pm | #51 | |||||||
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05-21-2024, 1:41pm | #52 | |||||||
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05-21-2024, 1:47pm | #53 | |||||||
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05-21-2024, 2:55pm | #54 | ||||||
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You can already hear the screams of 'that's racist!' when all these stupid ****tards wanting communism have to wait in lines for their weekly food rations
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05-21-2024, 4:26pm | #55 | |||||||
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05-21-2024, 8:14pm | #56 | |||||||
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Our realtor was great. Educated me on the whole PMI thing. I had no chance of getting a 20% down payment. In order to make 5%, I claimed 12 exceptions on my W4 for the first 3/4 of a year until we closed. Then I changed my status to no exceptions, I may have even written a check on December 31, making it all up. |
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05-22-2024, 3:38pm | #57 | |||||||
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05-22-2024, 4:26pm | #58 | ||||||
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I am a boomer and my daughter is Gen. X.
11 years ago when I bought the house I now live in I put the house in her name because I didn’t want the sneaky bastards to change inheritance laws that I might have missed so she would not have to pay. She is a great daughter, stay at home mom with three kids that will be leaving the nest in the next few years. Her husband ( a great guy and dad) makes $600K+ per year and they have their own 3800 sq. ft. home. So I am not worried about dead beat kids owning my home without paying their dues.
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05-22-2024, 5:46pm | #59 | ||||||
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There really isn’t such thing as an affordable home in so many places anymore. Interest rates and prices mixed with wages that don’t come close to inflation make it so difficult for anyone looking to buy. I don’t envy any first time homebuyer.
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05-22-2024, 6:13pm | #60 | |||||||
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