Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Millennials aren’t buying houses and are fed up with the housing market nonsense. They are also fed up with the moving goal post of the American dream and are looking to retire outside the country so they can live comfortably. Also opting out of having kids. I believe America is going to look a lot differently in the future. Thoughts?
My thoughts would belong in political forum. Not bashing anybody, just my theory on the state of Millenials cultural shift in goals and desires as relates to Baby Boomers would require a political answer that is beyond the scope of a Dallas housing thread.
The original poster is fairly accurate. I fit the description of one of the Millennials he mentions. There are still many Millennials having kids and buying houses though.
It is what it is. Millennials have more options than previous generations in that in many industries, they are no longer geographically limited in the jobs they can take. There are still large stretches of the country that are still relatively affordable.
If you want to live in New York for instagram likes and you can't afford to buy a house, that's your fault.
Millennials aren’t buying houses and are fed up with the housing market nonsense. They are also fed up with the moving goal post of the American dream and are looking to retire outside the country so they can live comfortably. Also opting out of having kids. I believe America is going to look a lot differently in the future. Thoughts?
I guess I fall within the category of Millennial, at least based on the age range posted here, though I’m on the old side of that age spectrum and don’t really think of myself as a Millennial. I’ve owned two houses, don’t feel ‘fed up’ with the market, and don’t plan on retiring outside of the US.
I do think, however, there’s a sense of entitlement and some just expect to be able to live/buy property wherever they want to live, even if it’s somewhere like the California coast or the trendy neighborhood in any given city, where supply and demand has driven prices to astronomical levels that require one to save and plan for such a purchase, and probably won’t be attainable on a Starbucks barista salary.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,585 posts, read 81,243,006 times
Reputation: 57825
We have 3 millennial kids, two of them own houses, all 3 have degrees and steady jobs. One has two kids, another has their first on the way. In our neighborhood, where the median home is now $1.5 million (after a recent drop) the last 3 buyers have been millennials with young kids. I don't know where the OPs information came from, but I don't see it. There may be some of that but probably not widespread. I have seen boomers retiring to other countries, most recently a former co-worker retired and moved to Belize.
This retired boomer is grateful for all the fine young millennials who supported him by buying and selling houses 2018--2022.
The OP paints with a very very broad brush.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
