Millennials simply can't afford to live in OC (Mountain View: lawsuit, title)

[CaliRestoration]

Originally Posted by SportyandMisty

I just don't see why more millennials who can't seem to get ahead financially just don't move elsewhere. Yes, they make less money, but their costs of living will be much lower, so on balance, they would come out ahead.

That would be the financially responsible thing to do. But how would they stay woke, living the good life in Los Angeles buying $12 craft beer at hipster bars?

Can't do that in Idaho you know.

[iExtrapolate]

Originally Posted by CLT4

^ I've found many people are surprised that it becomes much more challenging to get pregnant at 35 years old+. They've set themselves up with a good career, financial stability, etc... only to then be let down by infertility or high risk pregnancies at 35 and older for a family they very much want.

At 30 years old the chance of conceiving each month is around ~20%. By 40 that is down to 5%.

While our nation's declining birth rate is very much partially due to choice to not have kids at all or only have one kid, many couples are also struggling to have any kids at all, even when they want them. Many people still want to have a family, etc... but they just want it later in life. Your 30's have become the more socially acceptable "responsible" age to have kids and many couples have 30 - 35 as the magic number in their head for getting married, leaving the end of the fertility bell curve as the chance to have a kid.

Men who maintain their physical fitness & are perceived as "successful" can date women younger than themselves which increases the window of opportunity for men. A man who gets married at 35 can have a family if his wife is 28. The inverse is not true which is not fair, but that's biology.

[ryanst530]

Originally Posted by SportyandMisty

I just don't see why more millennials who can't seem to get ahead financially just don't move elsewhere. Yes, they make less money, but their costs of living will be much lower, so on balance, they would come out ahead.

1.) Instant gratification (I want the good life NOW, not later)
2.) Lack of individualism (I want to be where everyone else is)
3.) Lack of creativity/imagination (If it's not an SFH or modern/trendy apartment within 2 miles from the beach, and South Coast Plaza, then I can't even...)

[LuvSouthOC]

Meanwhile, in other news, lots of Millenials see Karl Marx as "legit". No doubt many believe that we just havn't tried communism the right way, it can oh so be amazing...

https://www.ocregister.com/2018/05/1...mericas-young/

[expatCA]

Originally Posted by ryanst530

1.) Instant gratification (I want the good life NOW, not later)
2.) Lack of individualism (I want to be where everyone else is)
3.) Lack of creativity/imagination (If it's not an SFH or modern/trendy apartment within 2 miles from the beach, and South Coast Plaza, then I can't even...)

So true, society has changed so much in the last 50 years, and not for the better.

[LuvSouthOC]

Originally Posted by expatCA

So true, society has changed so much in the last 50 years, and not for the better.

During the last 50 years, housing prices have also gone up due to larger and more fancy homes being built and ever more luxuries being offered, e.g. outdoor kitchens, more square footage, etc. thus requiring two income earners.

[expatCA]

Originally Posted by LuvSouthOC

During the last 50 years, housing prices have also gone up due to larger and more fancy homes being built and ever more luxuries being offered, e.g. outdoor kitchens, more square footage, etc. thus requiring two income earners.

And everyone having a cell phone, tablet, lap top, computer tower, Roku, apple device and more and more electronics that are not cheap. Somebody gets to pay for all that. Oh, and cars with GPS, backup cameras and more, with a "famous" brand name. Smart people buy what they need and do not spend as much wastefully.


We buy far more than we did in the 60's and waste far more as well. Party, party, go out for dinner don't bother to actually cook something unless in your microwave. Oh yes and buy name brand clothes still made in China, Thailand, Bangladesh by ... $.75 an hour workers.

[silverkris]

Originally Posted by LuvSouthOC

During the last 50 years, housing prices have also gone up due to larger and more fancy homes being built and ever more luxuries being offered, e.g. outdoor kitchens, more square footage, etc. thus requiring two income earners.

So how does that explain a 1,100 square foot 63 year old house in Santa Clara County going for anywhere from 1.5million to 2 million bucks? Nothing special about it.

[LuvSouthOC]

Originally Posted by silverkris

So how does that explain a 1,100 square foot 63 year old house in Santa Clara County going for anywhere from 1.5million to 2 million bucks? Nothing special about it.

Because jobs.

[silverkris]

Originally Posted by LuvSouthOC

Because jobs.

Yes, plain old market demand is probably a stronger influence on pricing than buyers' expectations in terms of features, though curb appeal can of course make a home sell quicker. You can have really crappy, outdated old places that need fixing up and they're still outrageously expensive.