Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Millennials Will Have A Hard Time Entering The Housing Market
Business Insider ^ | 12/12/2012 | Mandi Woodruff

Posted on 12/12/2012 12:17:16 PM PST by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-28 last
To: CARDINALRULES
Just watch House Hunters and almost EVERY show they want these and usually want the houses in ready to move in condition and not want to do any work...sometimes not even simple stuff like painting or removing wall paper.

And it seems like they are all 30-years-old and looking for a house in the $500k range. What's up with that?

21 posted on 12/12/2012 3:43:27 PM PST by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: NEMDF
We have 4 offspring, who are 31 to 24 years old. All own homes (2 have mortgages, one is paid in full) except for the 24 year old.

Generally speaking, it's the children of liberals, in the 20-40 age group, who are living in their parent's basements.

(I said generally)

Children of conservatives have a much better chance of succeeding in life.

22 posted on 12/12/2012 3:43:40 PM PST by Graybeard58 ("Civil rights” leader and MSNB-Hee Haw host Al Sharpton - Larry Elder)
[ Post Reply | Private Reply | To 17 | View Replies]

To: SeekAndFind

Screw them. It wasn’t easy for me, so why do they get a break? They can earn it as I did. Screw them again.


23 posted on 12/12/2012 3:48:19 PM PST by Cyber Liberty (Obama considers the Third World morally superior to the United States.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

What is this “millenials” crape? Gen-x was worse, I suppose. But why di we have to have some stupid name for every generation? It’s annoying to people like me who fell between traditional dividing lines (technically I was a gen-xer because my parents were baby boomers, but they had me late and gen-xers were a little too old for me, though not a full generation older; on the other hand gen-yers, if that’s what they actually called whatever came between gen-x and the “millenials,” were a little to young) and so belonged to no official generation. More importantly, you could just as easily call them “the youth” or “young people.” We’ll know what that means.


24 posted on 12/12/2012 3:49:14 PM PST by Tublecane
[ Post Reply | Private Reply | To 1 | View Replies]

To: US Navy Vet

Plenty are. We sure were when we were that age. We were 24 when we bought our first house.

It was amusing when we heard that one of the neighbors, in talking with another neighbor who we were friends with, commented that she hadn’t met us yet, but that she had seen the kids out working in the yard.


25 posted on 12/12/2012 3:50:16 PM PST by FreedomPoster (Islam delenda est)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Graybeard58

“It definitely happens.”

Absolutely.. you just have to want it and work for it.

Unfortunately it’s getting harder now a days.


26 posted on 12/12/2012 4:34:51 PM PST by mike_9958
[ Post Reply | Private Reply | To 20 | View Replies]

To: RedMDer
I bought my first house at the age of 24 while Jimmah Carta was POTUS and the interest rates were nuts. It worked out very well for us.

Likewise, at 26 during Carter years, our interest rate was 14 percent. Re-fi'd lower when Reagan took over.

27 posted on 12/12/2012 8:09:30 PM PST by roadcat
[ Post Reply | Private Reply | To 12 | View Replies]

To: roadcat

We Re-fi’d lower also after Reagan became POTUS and the rates went down.


28 posted on 12/12/2012 8:12:30 PM PST by RedMDer (Please support Toys for Tots this CHRISTmas season.)
[ Post Reply | Private Reply | To 27 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-28 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson