A good magician never reveals their secrets.
It seems like the only way this generation can buy a house is by working remotely and living in a small town where home prices are under $200k.
A friend of mine who lives in a mining town bought a fixer-upper for about $46k. I told him that around here, you can't even buy an active meth lab for $46k.
That's because you're trying to buy a business with operating cash flow. Try buying an inactive meth lab instead.
"Used fixer-upper for sale, 2-bedroom trailer. Includes a sink, a working vent fan, and several empty industrial chemical drums."
Funny, I work remotely and live in an *expensive* small town... *sobs in debt*
Honestly, I don't mind people getting help from their parents. And I don't mind rich kids just not trying. Money is meant to be used, and if it can buy you freedom from corporate life, *then you should do it.* Spend your time on what makes you happy and helps you grow, whether that's learning random things, making art, or lounging on a Montana ranch. You're not obligated to pretend you're lower class when you don't have to be.
Getting help isn't the issue. The issue is pretending you did it all on your own. People should just be honest. A friend of mine bought a house quite cheaply through an acquaintance of his family, with his parents' help, and he has never once claimed he did it alone. He openly says he was really lucky to be in that situation. There's nothing wrong with that.
My dad keeps asking why I haven't bought a house yet. "How much was your first house, Dad?" "$14,000." "How much did you make that year?" "Around $25,000." "So your first house was cheaper than your annual salary?" "Right." "Can you buy a house for $14,000 now?" "No." "Can you buy a house cheaper than your annual salary now?" "No." "Then why do you keep asking me why I haven't bought a house yet?"
It's surprising you went that far. Most people don't care about the math at all, because it doesn't match their opinion. And that's less a question than an opportunity to express disapproval.
Am I pathetic for envying the fictional guy in this comic? The envy is that his parents have both the financial ability and the willingness to help him. That's different from the baby boomer mindset of "I made it on my own, so you figure it out too." They had good parents' help themselves, living costs were manageable, and things were generally better. Anyway, that's my rant. Sorry about the long TED talk.
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