Generation Y

[GordonGekko]

Originally Posted by Jimmya

If all the generations are the same then why are there the highest numbers in history of 20 somethings living with their parents? Just a thought.

Because the cost of buying and running a house is rediculously overpriced. Add to that the mortgage crisis and the new loan rules where new applicants need to be able to put down 20% up front, and this is why most in my generation conitnue to live in apartments or parent's house.

The price of housing is ****ing rediculous, and in some areas a complete joke.

I think at one time in this country an auto mechanic with a stay at home wife and 2 kids could afford a home. Now? No F'n way. One parent has to be a software engineer and the other a master's degree school teacher as a baseline to live in any type of decent house in many areas of the country.

[KC native]

Originally Posted by GordonGekko

Because the cost of buying and running a house is rediculously overpriced. Add to that the mortgage crisis and the new loan rules where new applicants need to be able to put down 20% up front, and this is why most in my generation conitnue to live in apartments or parent's house.

The price of housing is ****ing rediculous, and in some areas a complete joke.

I think at one time in this country an auto mechanic with a stay at home wife and 2 kids could afford a home. Now? No F'n way. One parent has to be a software engineer and the other a master's degree school teacher as a baseline to live in any type of decent house in many areas of the country.

Y U SO SIRIUS IN A TROLL THRED?

[GordonGekko]

Originally Posted by KC native

Y U SO SIRIUS IN A TROLL THRED?

You want to know why gas is near $4.00 a gallon? I work in oil&gas, I know, it's not due to lack of resources, with fracking we have basically solved the oil situation for at least a 100 years. It's due to the lack of refineries. We haven't built a ****ing refinery in the US for like 30 years. Another reason why my generation is taking it in the ass.

[KC native]

Originally Posted by GordonGekko

You want to know why gas is near $4.00 a gallon? I work in oil&gas, I know, it's not due to lack of resources, with fracking we have basically solved the oil situation for at least a 100 years. It's due to the lack of refineries. We haven't built a ****ing refinery in the US for like 30 years. Another reason why my generation is taking it in the ass.

2 SIRIUS. 2 SIRIUS 2 QUIT

[BWillie]

Originally Posted by GordonGekko

Because the cost of buying and running a house is rediculously overpriced. Add to that the mortgage crisis and the new loan rules where new applicants need to be able to put down 20% up front, and this is why most in my generation conitnue to live in apartments or parent's house.

The price of housing is ****ing rediculous, and in some areas a complete joke.

I think at one time in this country an auto mechanic with a stay at home wife and 2 kids could afford a home. Now? No F'n way. One parent has to be a software engineer and the other a master's degree school teacher as a baseline to live in any type of decent house in many areas of the country.

San Antonio housing prices are that high? Didn't seem Texas housing prices were really that outrageous to even us poor folks in Kansas City and the midwest. Just gets out of hand on the coasts or where liberals like to live.

[GordonGekko]

Originally Posted by BWillie

San Antonio housing prices are that high? Didn't seem Texas housing prices were really that outrageous to even us poor folks in Kansas City and the midwest. Just gets out of hand on the coasts or where liberals like to live.

San Antonio is definitely on the low end of the Texas big 4 (D, Houston, Austin, SA) but the prices are rising. They build much more affordable housing here because half this city is involved in the military and the military pay scale will only go so high. But in D and Austin and many areas in Houston, price of housing is skyrocketing because retirees with deep pockets from the north are coming down and just raising the prices everywhere. Hell, half the country is trying to get into Houston because it is one of the few areas left in the US with any kind of significant job growth. Prices are going up here in short.

[mr. tegu]

Originally Posted by GordonGekko

Because the cost of buying and running a house is rediculously overpriced. Add to that the mortgage crisis and the new loan rules where new applicants need to be able to put down 20% up front, and this is why most in my generation conitnue to live in apartments or parent's house.

The price of housing is ****ing rediculous, and in some areas a complete joke.

I think at one time in this country an auto mechanic with a stay at home wife and 2 kids could afford a home. Now? No F'n way. One parent has to be a software engineer and the other a master's degree school teacher as a baseline to live in any type of decent house in many areas of the country.

The bolded isn't true. And on top of that, for those living at home and if they did want a house it should lead to having that kind of cash anyways with any type of fiscal responsibility. But many people that age aren't really interested in that type of commitment yet, which I can understand.