If a twenty-something can’t easily buy a house —— and that’s a nice 2- or 3- bedroom with a yard in a good neighborhood —— he’s looking in the wrong area. There are plenty of homes in America that are affordable. Under $25k. You just won’t find them if you live in an area where the cheapest home is $400k. Get in the car, young man, and seek your dream.
“If a twenty-something can’t easily buy a house —— and that’s a nice 2- or 3- bedroom with a yard in a good neighborhood —— he’s looking in the wrong area. There are plenty of homes in America that are affordable. Under $25k. You just won’t find them if you live in an area where the cheapest home is $400k. Get in the car, young man, and seek your dream.”
That as one point I was thinking of, that getting started is a lot harder these days, but you’re right - if you insist on living in LA, SF, Miami, NYC, forget it. But if you move to the fly over states, it’s a lot better...if there’s jobs.
I think every generation has it’s hurdles, but it’s how they tackle them (if they do at all) is what defines them. The “greatest generation” (and an apt title that is) rose to the challenge and built the foundations of prosperity after the wars. Ever since, each generation has lost sight of that, and gotten more and more pampered.
The generations we’re raising now will be utterly useless, as they are not allowed to see anything negative, suffer any defeat, and are coddles and cucooned to the point that they are unsufferable to deal with. That will change, and probably throug strife and chaos, like another 9-11 attack, or a greater war breaking out, or the unthinkable, warfare on our soil. The future generations have their own hurdles, which they are being discouraged actively by their boomer overlords (gotta love that term) from approaching, and they also have the mess the boomer overlords have made - just in terms of the economy and the IOUs the boomer overlords have taken out on their dime alone is a monumental task.
The future generations have their work cut out for them, and some day it will be sink or swim for them. How will they fare? That’s a very good question...one we could answer more readily if we actually were in the process of preparing them for it.
Are there any jobs in said places? If so, how do they pay? I’m sure there are homes that are under 100K, but they are likely completely removed from any metropolitan area, and thus any big job market.
Obviously the home has to be located somewhat near a job. Driving long distant to a job is also expensive.
Ok, I wanna know where. It ain't Kentucky, 'cause I'm already living there.