>You millennials have it so easy nowadays! Back in my day we had to save for 40 years to buy a flat screen TV smart phone on avocado toast
RIP middle class
Other urls found in this thread:
so what ticker do I short to be like the movie guy?
>Doubles your payment to income ratio
nothing personnel kid
have u ever had an avomcado toast e?
I'm getting 2006/2007 vibes again.
>just invest in some safe bonds like I did when I was your age!
eggs, bacon, toast, and coffee breakfast at a normal ass diner is $20 here
whoa have u tried the kombucha mushroom shit i heard thats cheap
this is normal, r-right...?
Checked
savings accounts have become a complete joke. everyone is totally dependent on endless appreciation of their stock portfolios for retirement or buying a house now. better hope you aren’t left holding the bag. no such thing as low risk investing now
Affording a home on a single income is impossible for most people now, maybe multi-generation households will be normalized due to complete lack of affordability
Just like how it is in Europe. Only the entire concept of the 'United States' is built on mobility. With no mobility for only the wealthiest among us, America will stagnate far past what it already has and become a continent-spanning Gary, Indiana only with more NEETs.
Don't worry.
Jerome Powell is working extra hard to bring home prices down but since real estate is the asset class with glacial price moves this will take 4-6 years.
Over
How are home prices in Estonia?
I like these homes designed in Estonia: northmen.com
You will own nothing and be happy. What do you not understand?
Director's law.
Serves them right, the economy needs to deleverage so boomers finally get wiped out.
I see this becoming a thing, I know when I’m going to be buying my first home I’m just going to move my mom and siblings in, I can’t trust a woman and I would rather convert my family from the apartment they’re in now
I'm just gonna get my CDL and live somewhere cheap. That's all I got, participating in life beyond that doesn't seem worth the investment at this point.
I honestly blame the dumb faggots that pay the ridiculous asking prices more than I do the people that are selling at this point. I'd rather live in a tent in the woods than pay $200k over the tax assessed value. That aside, corpos that pay homeowners way above actual value want a return to feudalism in a way but will be shocked when people start taking and claiming land for themselves without paying a penny. What are they gonna do at that point?
Even people who got in on low mortgage rates are gonna be fucked once inflation and low rates start eating away at what little savings they have, not to mention maintaining a home is getting more costlier due to the supply chain crisis
Fuck we're in for some interesting months ahead
there is so many things wrong with that pic
The average american doesn't save shit, they live paycheck-to-paycheck to subsidize a consumerist lifestyle. Just look at the obesity epidemic in america, even though produce is available and cheap, americans prefer to eat away garbage because it's fancier.
No need to feel sorry for them.