Quote:
Originally Posted by LoneWolf
Younger generations can afford to buy homes, but for the most part they are unwilling to sacrifice to go it. They would never stoop so low as to not live in the same type of house their parents live in or they can’t fathom buying a fixer upper and putting sweat equity into it. They’d rather rent so they don’t have the responsibility to take care of anything and then bitch that the system is ****ing them over.
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Eh, depends on where you live I guess. The median home price in Denver these days is about $600k. I can't imagine having to save up $150k just for a down payment. I'm fortunate to have been able to buy right before the climb began.
I paid just over $200k for our place in 2009. These days, that'll barely buy you a full strip it to the studs remodel project in a shitty neighborhood.