Why Millenials can’t buy home

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Boomers didn't have to sell their stuff just to make payments thought of saving is a joke .

dwanewarrenn
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Gen Z oldest members are about 25, most being teenagers, did you mean Gen X? They're the ones in between Boomer and Millenial

KiaSoulEV-rtsg
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And of course, no one is doing anything about it. This country sucks

jflsdknf
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Boomers had life so easy. AND we are paying their damn social security that we won’t have the benefit of receiving.

InventiveFilms
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For it to be fair we would nowadays have to be on an average of $100 an hour.

aussieskitz
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I was just rejected for a mortgage loan. I paid off my credit cards, I worked hard for a 730 credit score across the board. Now I can’t get a house because of fucking college loans. Worst decision of my life.

dierdrecole
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Paying 100% less is free, 400% less is getting paid 300% of the cost. Paying 75% less is more accurate of a description.

jepf
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Average price of a home in Los Angeles county is just about 1 Million dollars.

lauralangham
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The thing most people don't understand.

matthewdancz
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Plus paying way less for everything else. And not accounting for new costs like internet and potetially more costly phone bills thanks to cellular devices.

outlaw
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Your median house hold for 2000 is way off so is the one for 2022 where do you get these false numbers?

ivanzepeda
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They also won't retire, and won't move somewhere else.

mactastic
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The real reason is they don't handle their finances and waste money on the dumbest crap ever. Along with everyone overpaying on everything from homes to vehicles over the past five years.

timothypeterson
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My condo was only 140k lol I bought it making 15 bucks an hour 2 years ago. It seemed nuts at the time and still is to some degree but it's now worth 200k lol

Doors
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Old people are staying alive longer and keeping their houses also with social security still making as much as workers

Joeywilkins_
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Taxes bullshit in Australia im losing 50% - 70% to government

coopsnz
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I'm 36 and a millenial and ya this video is all too true I just got lucky and landed a above median wage Job.

jonathan
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400% less, i think you 😊mean they paid 75% less, 400% less means youd get a refund of 300%. having said that, your point of home affordability being impossible, is completely accurate.

saeedhossain
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A house in Colorado in 2000 cost 150, 000 for a good size house . Now in 2024 the same size house is around 450-000 . And in 2019 was still affordable

arslanmalik
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I work with a load of boomers and gen x and it makes me laugh when they tell me to “just buy a house”… yeah I’ll pull £30k deposit out of my arse then…

Revved_up_jb