General Discussion

Jspur

(660 posts)

22. Housing still has gone up tremendously from the 90's while wages haven't adjusted by much

Mon Oct 14, 2024, 12:19 AM

Oct 14

to make up for the increased in housing expenses. You are saying the average price of a home in 1990 was 150K and if that's true that is a lot less than the average price of a home today which is 412k. That means housing in over 30 years has nearly increased by 300 percent which has outpaced inflation by a huge margin. I bought a house 4 years ago at the price of 270K and now the same house I bought 4 years ago is 400K. That is a ridiculous increase in pricing in just 4 years. I also believe in the next 15 years my house will be worth a million dollars since I live in a city that is one of the top 10 places people are moving to in the US. I don't even say that in a good way either but that shows you what these young men are up against. Housing is broken in this country.

I don't agree with these young guys voting for Trump, but I do get their anger from the economic standpoint. They are in a fucked-up situation where I don't think things are going to improve for them financially over the next 20 years unless we actually try to fix this housing issue. I don't have hope either side will fix this problem since there is too much invested by even people in here that their house values go up by a lot just for the equity and retirement purposes.

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Highlight:

Young men's economic prospects are shifting, along with their politics [View all] pstokely Oct 13 OP

"I drive a truck, so I only get 16 miles per gallon..." cadoman Oct 13 #1

he can't drive a Prius pstokely Oct 13 #7

We may be doomed as a nation. Yavin4 Oct 13 #8

He's a 16 mpg patriot. Turbineguy Oct 14 #27

He's still in high school forthemiddle Oct 14 #44

Fine, they are young and don't know a lot displacedvermoter Oct 14 #47

Hell, there are trucks that get a lot better millage than that. JohnSJ Oct 14 #28

My Ford Maverick gets 41 mpg as a hybrid NickB79 Oct 14 #33

"I drive a truck, so I only get 16 miles per gallon" - Uhhhhhh . . . .OK. hatrack Oct 13 #2

I think we might have spotted the reason he can't afford a $150K house. Liberal In Texas Oct 14 #25

A coworker just dropped $90K on a fully loaded F250 Platinum NickB79 Oct 14 #35

He is 18 years old, still in high school forthemiddle Oct 14 #45

We don't know what kind of truck or how he paid for it. Liberal In Texas Oct 14 #46

Uh, gas is pretty low currently (at least where I'm at) harumph Oct 13 #3

These little morons aren't voting based on economics vercetti2021 Oct 13 #4

Oh, baloney it is "the economy" and "inflation." valleyrogue Oct 13 #5

Yeah, very correct zorbasd Oct 13 #13

And what has Trump offered other than "I'm going to Klarkashton Oct 13 #6

Some Young men are not looking for hope and joy arlyellowdog Oct 13 #9

They really think Trump will help? NameAlreadyTaken Oct 13 #10

What would Derek do with a 3 bed 2 bath house? NoveltySocks Oct 13 #11

Unfortunately there are plenty of white women Cosmocat Oct 14 #29

Trump isn't going to help with any of that nt GenThePerservering Oct 13 #12

Who do they think tfg will side with? duncang Oct 13 #14

They're living in some dream durablend Oct 13 #15

Yeah, what does an 18-20 year old kid think their parents could buy for $10,000? Wiz Imp Oct 13 #21

Housing still has gone up tremendously from the 90's while wages haven't adjusted by much Jspur Oct 14 #22

Median personal income has tripled since 1990 Wiz Imp Oct 14 #23

They are just ignorant. raccoon Oct 14 #24

If these losers think the SlobFather is the answer to more affordable housing NoMoreRepugs Oct 13 #16

More Evidence that we need to do a better job educating young people. Wiz Imp Oct 13 #17

ZACLY! Thanks, elleng Oct 13 #19

Who is we? displacedvermoter Oct 14 #32

Very good points - I agree with everything you said Wiz Imp Oct 14 #40

Agree displacedvermoter Oct 14 #42

Blame price of gas and groceries on tmp, 'smart' NOT! elleng Oct 13 #18

"Sam"--- GET a smaller vehicle! Jack Valentino Oct 13 #20

I read this and just like it was such propaganda YorkRd Oct 14 #26

JFC. A three bedroom two bath house is NOT a starter home you non-critical thinking entitled idiot. Freethinker65 Oct 14 #30

There's a whole swath of white, straight males in America who are told they are Alphas from a very early age. NCDem47 Oct 14 #31

He could afford that house if he married an educated, successful woman NickB79 Oct 14 #34

He does not need to be married as a high school student. jimfields33 Oct 14 #36

But if he doesn't get em young, they'll get too educated! NickB79 Oct 14 #38

I didn't see he has a girlfriend. jimfields33 Oct 14 #39

It's all a zero-sum game, doncha know? Diamond_Dog Oct 14 #37

Inflation is down and so are gas prices ClimateHawk Oct 14 #41

Yet Mr. 18-yr-old-with-a-truck thinks Trump will make all the prices go down Tarc Oct 14 #43