Subj : Re: New to this
To   : Boraxman
From : Dmxrob
Date : Fri Apr 18 2025 01:11 pm

BY: boraxman (21:1/101)
On Friday,April 18, 2025 at 04:02 PM, Boraxman (21:1/101) wrote:


b> 
b> That doesn't cut it anymore.  Most people could not buy a house. Period.
b>  The prices are so out of kilter for most, its not worth scrimping and
b> saving because unless they choose not to eat and not to pay tax, housing
b> is not an option.
b> 

It's the same in the US.  I feel fortunate we own our home, but we are in our early 50s now.  Young kids nowadays, 20s, 30s - they have next to no hope of owning a house.

Where I am, St. Louis, Missouri, houses can START at 350k - and anything below that is a dump. You want something decent be prepared to shell out at least 400-500k.  That is absolute ridiulousness and nobody can afford that.  Rents are no different.  Rental prices are $1800+ a month - on places that I very well remember used to be $250 a month.

Telling young people to just "watch their finances" and such isn't the solution.  I know plenty of young folks who work and sleep, spend next to nothing on outside activities, and are still scrimping.  How many jobs should they get to afford to eat and keep the rain off their heads?

It's a huge crisis and the orange felon we elected President isn't doing anything but making it worse.

-dmxrob

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