If I were really your grandpa, I would have given you an education to prevent you from being embarassed on a sports message board.
OK Boomer..
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If you want to live by the standards of back then you can still do it on one income. Those houses were SMALL too.
I'm not angry.
And I'm not getting into the racism about the Jackson leadership.
You don't know much either. If I live in Mississippi, maybe. if i can find a job.
The homeownership rate for households aged less than 35 decreased to 38.5% in the second quarter of 2023.
The 1400 sqft House I bought in Houston in 1997 cost me $80,000. I made $40,000. SAME house sold recently for $308,000 and new engineers make $80,000.
I don't know what ya'll obsession is with a $500 dryer.
Ignorance is sometimes bliss, sometimes it makes for rage. We see which way he went.
Yacht rock. Damn. I take it all back. Boomers ruined this country and made it a living hellhole.
Healthcare is more expensive because health insurance companies took over the industry in the 1980's and 1990's
People back then couldn't get one for the home because they didn't exist for the most part. Thats the whole POINT. I grew up in a TWO income household that didn't have one for a LONG time. My parents were both college graduates and had good jobs.
Gee grandpa i never seen a house that was built before 1970. Thanks where can i see such wonderment....
Oh I found one of your tiny houses...
https://www.har.com/homedetail/9013-kerrwood-ln-houston-tx-77080/7980422?lid=8027670
Median income here is 30,438 USD.
or
$2,536.5 a month
The Estimated Monthly Principal & Interest
$1,827
Estimated Monthly Property Tax
$711
I'm on $1.50 in the hole and I dont even have AC or a car or anything....
It's a good idea to buy a house in the right market. You can make money off of it especially if it's in a good location. Jackson's leadership is pretty pathetic but it appears that some people won't say that to avoid a label. I like dryers. I suspect you haven't spent much time in Europe. You just provided an anecdote as evidence.
"The homeownership rate for households aged less than 35 decreased to 38.5% in the second quarter of 2023." Wow. That second quarter. If you can find a quarter to support an argument then you don't belong on a message board.
"The U.S. homeownership rate in 2022 was even higher than before the COVID-19 pandemic — 65.8% compared to 64.6% in 2019 — a rebound driven largely by those age 44 and younger"
But how about that third quarter: "The homeownership rate among Americans under 35 years was 39 percent slightly increased in the third quarter of 2022. About 39 percent of the people in this age group owned a home during this period."
U.S. homeownership rate by age 2023 | Statista
The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2023.
www.statista.com
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Actually the government sets ALL third party healthcare reimbursement rates. Healthcare has made enormous strides over the last few decades. It has been astounding. That costs money. If you want to set your standard at an earlier decade, you can get by cheaper too. Go back to that single income era and it wouldn't cost you nearly as much as it does at the current standard. They could not do much back then.
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Have you ever seen one that hasn't been updated at all? I mean NO tech or gadgets since then. I grew up in one, but my folks were early adopters since they were a TWO income family. They could afford it. I was in plenty of them though. I had relatives, OLD relatives, that never had an air conditioner, or a TV and they lived into the 80s.
I was talking about a DRYER. You just made me snort beer. You poor baby. I didn't either. OR a dryer for a long time. We didn't havea weedeater either, they weren't invented yet. Ever do all the edging around the house, fences, etc. with old HAND clippers, as a seven year old?
It's a great idea to buy a house. And that's the issue. Most cannot today. We are millions of houses short in the USA because we stopped building them after 2008. and the generation coming of age now to buy them cannot afford to buy them.It's a good idea to buy a house in the right market. You can make money off of it especially if it's in a good location. Jackson's leadership is pretty pathetic but it appears that some people won't say that to avoid a label. I like dryers. I suspect you haven't spent much time in Europe. You just provided an anecdote as evidence.
"The homeownership rate for households aged less than 35 decreased to 38.5% in the second quarter of 2023." Wow. That second quarter. If you can find a quarter to support an argument then you don't belong on a message board.
"The U.S. homeownership rate in 2022 was even higher than before the COVID-19 pandemic — 65.8% compared to 64.6% in 2019 — a rebound driven largely by those age 44 and younger"
But how about that third quarter: "The homeownership rate among Americans under 35 years was 39 percent slightly increased in the third quarter of 2022. About 39 percent of the people in this age group owned a home during this period."
U.S. homeownership rate by age 2023 | Statista
The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2023.
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That means the number of people under 35 total. not just that quarter. That quarter the number went down to 38.5% as in there are fewer now than before....
U.S. homeownership rate by age 2023 | Statista
The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2023.
www.statista.com
God what is the deal with dryers. I know they don't have them. My grandparents didn't either. They have tiny refrigerators too. But
Cool. I'm not rich. I'm just very comfortable. I like being very comfortable. I wasn't always very comfortable.
Here are some houses in Jackson that don't cost much:
www.zillow.com
39212 Single Family Homes For Sale - 102 Homes | Zillow
102 single family homes for sale in 39212. View pictures of homes, review sales history, and use our detailed filters to find the perfect place.
www.zillow.com
It's getting good now. They're fighting...
VS
VS
I have. I spent summers in one that only had one window ac, and it was not in the bedroom i slept in.
But the example is cheap small houses. This one the first one I saw that was habitable.
You are a smart guy. I'm trying to show you that those small cheap houses are not around anymore.
They all got bought by investment groups and are being rented out. https://www.tpr.org/business/2022-0...early-a-third-of-all-homes-in-texas-last-year
Grandpa is comfortable. I mean, very comfortable. I wonder if anyone will ever raise taxes on the very comfortable so that in the second quarter of 2024 homeownership for the not very comfortable under age 35 might....
Yes you can. You have no idea what the standards were, you obviously have no clue.
What are the good jobs in jackson?Here are some houses in Jackson that don't cost much:
39212 Single Family Homes For Sale - 102 Homes | Zillow
102 single family homes for sale in 39212. View pictures of homes, review sales history, and use our detailed filters to find the perfect place.
Median income there is 23,714 USD
Can I get one of those GS-15's in Jackson?
OK.. Not in Texas.
I'm sure if I wanted to live in Noxubee County I could buy a nice house. It would only be a 12 hour commute....
Go geta job as a plumber and work your way up. You will end up making MORE than that GS-15.
I'm making more than that now....
and why a plumber? Is there a shortage of plumbers in noxubee county?
In case you haven't noticed, there is a shortage of plumbers everywhere. You really are clueless. If you played your cards well in that industry, you could work your way into more money than you are making now, unless you are Warren Buffet, Musk, Gates, or Bezos.
and you don't know what houses cost in the usa
Median home price nationwide is $350,000
Annual wages of more than $75,000 are needed to pay for major costs on the median-priced home in 2023
Home Affordability Worsens Across U.S. During Second Quarter Of 2023 As Home Prices Tick Upwards
ATTOM's Q2 2023 U.S. Home Affordability Report shows that median-priced homes are less affordable vs historical averages in 98% of counties.
www.attomdata.com
I have not noticed.
But if everyone that cannot afford a house moves to noxubee county or south jackson and became plumbers, then we could be as well off as the Boomers grew up.
got it. That's completely a rational argument on how housing is affordable in the usa. All we have to do is move the 43 million people there that cannot afford houses and are renting. I'm sure that will work great...
Or we could raise the taxes on the rich so that they use the profit for more business expenses ( like payroll) rather than getting an extra billion.
Then we might get back to where people more than 38% of the young generation could afford to buy houses
Alright, I am jumping in now.
For the last couple of years I have noticed all of the talk from people about sending their kids into the trades because there is so much money to be made. Well, it's not different than any other industry. The average plumber doesn't make a huge living. They make a decent living. Now a good plumber, that builds a business can make some great money. Same with HVAC. Or roofing. Or framing. But so can a barber, a bartender, a dude with a hot dog cart, or a 17ing dog walker.
I worked in and around the trades for a long time. I met a lot more broke 17ing plumbers, electricians, and framers than I ever did successful ones bringing in $150,000 a year. My guess is those financially successful plumbers out there would have kicked äss at any other field they ventured into as well.
The amount of plumbers in the world that ever make it to GS-15 pay are probably in the same spot of the bell curve as high school football players that get a D1 Scholarship. The odds of being a good plumber and business operator are pretty damn low.
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