1950:
Average family income $49,152
Average house cost: $83,068
20% Down Payment: $16,613
2014:
Average family income $51,939
Average house cost: $365,700
20% Down Payment: $73,140
>tfw work 70+ hrs a week and still have to live with parents
If you can't afford the coasts, leave
>>34646499
I know that feel, I'm a full time student and work 40hra a week but I live in commiefornia where rent is over $1500 a month for a single bedroom apartment
>>34646798
Absolutely not. He needs to stay on the coasts. Those "people" are not welcome here.
>>34646863
Sorry, we don't need more homeless people here, hell just move to Austin or Knoxville
>>34646798
Apartments and condos start at $230,000 where I live. You have to shell out at least 50k if you want enough space for two people.
>>34646798
The living standards in the flyover states are terrible you would be better off saving and becoming an expat in some tropical country
>>34646499
Hey I'm sure that Trump and infowars will fix all that rather than fuck it all up some more.
>>34647141
who would fix it and how would they do it?
The mere act of complaining about this means you're a commie.
>>34646499
Why buy a house? Just rent an apartment. Unless you have a family the REEEEEE etc
>tfw work 70+ hours living alone, homeless sleeping in my car, showering in the gym, and no rent or bills.
>mfw op btfo living as a homecuck rentfag
>>34646499
>what is inflation? the post
>>34647307
Renting forever becomes stressful, and at the very least makes retirement way more difficult.
>>34647342
If this is real, share more details. This sounds fucking win
>>34646499
You're lucky, in the big smoke over here, houses will run you about 1,000,000 AUD.
>>34646499
>tfw when 22, own my own home, single, financially comfortable and ready to fucking kill myself
There is no such thing as happiness for the human species. We will always be wounded.
>>34647365
Renting can be stressful, but buying a home is something that's becoming increasingly unrealistic for a lot of people. Home prices, even in cheaper areas, are still crazy high and don't look like they're going down.
Especially because your employer can fire you at any time at any reason, leaving you without income and a house you may or may not be able to keep.
>>34647408
rich people and poor people both have problems, but i'd rather have rich people problems.
>>34647365
It actually doesn't. Renting is cheaper than buying (due to not paying interest and various fees), so if you invest the difference you can make bank for retirement, especially if you put it in a tax-sheltered retirement fund.
>>34647444
>Renting is cheaper than buying
Until your home is paid off, sure.
>>34647444
>especially if you put it in a tax-sheltered retirement fund.
i would max retirement funds either way.
>>34647366
>Almost at 70kaud for a unit
>Tell parents about how I'll never be able to afford children even if my wife earned the same wage
>They lose their shit and blame me
>>34646798
If you want these people to leave 2 things are going to happen. They will increase the costs of living wherever they move to by driving up demand for housing, and they will be replaced by "10 families to a home" immigrants that bring crime and filth to the place they originally came from. Just saying.
>>34647365
It is real. Pic is me. Homeless ninja.
-Use address of an appartment complex on drivers license
-Get a P.O box for mail
-have atleast 3 different spots to park at and rotate. Staying in 1 spot is a no no to police.
-Sign up for a gym membership. Initial cost is high but I end up paying 30$ a month. Shower in hot water for as long as you want. No water bill!
-SAVE MONEY NIGGA! Whenever shit happens. You already have money saved up. No rent or bills. Just keep saving that money.
-Shop at dollar tree. EVERYTHING IS A DOLLAR!
-Have 2 tubs. One for clean, other for dirty. Go to laundromat and wash your clothes.
-Sleep in your car and chill. Just back and recline down your seat.
Chill at starbucks and chill using your tablet when not working.
2 years and strong THOUSANDS $$$$$$$ SAVED Now. I am set. Fuck rent and huge bills. Thats for normie cuck slaves.
>>34647469
Then invest the difference in a mutual fund. A house these days will take 30 years to pay off, if not more. Money invested in the s&p 500 30 years ago would be worth 7.5x as much now.
I thought renting was fine until I realized I was blowing 7 grand a year and getting nothing in return aside from a place to sleep.
At least with my home I am building equity. Also much nicer when your neighbors arent directly below you smoking weed all day or blaring music.
The average family's income in 1950 was around $4,500. In inflation adjusted terms it was less than $25,000.
http://web.stanford.edu/class/polisci120a/immigration/Median%20Household%20Income.pdf
This whole thread and no decided to check that basic fact?
WHY DO APARTMENTS HAVE TO BE SO EXPENSIVE
ALL I LITERALLY NEED IS A SQUARE TO HANG CLOTHES AND SLEEP ON A BED
>>34647649
*flips you 30c to pay for a full tank of gas*
inflation my ass
>>34647715
What? I'm not sure what you're trying to say.
>>34646816
Fuck bro. I don't care how much sunshine and warm there is over there. That's unreal. 2bed with washer and drier + garage and paid heat & water costs less than 900 here.
I'm in a college town too.
Shitty winters but A1 economy and crime nearly non existent.
>>34646915
Nigger are you serious?
I mean, sure. If you live in bumfuck nowhere or a concrete jungle but a decent chunk of the fly "overlooked" states are winners.
Minnesota. You'd be an idiot to deny that there's some good about that state. Major moves are happening in that state and the Twin Cities ain't half bad. I'd love to live there over Failurefornia or Pooh York any day of the week.
North Dakota. I live here and the economy is pretty balanced. Except for the oil fuckers.....some of them burned themselves out buying too irresponsibly but hey. Almost everyone else here is doing ok.
Nebraska. Bro come on. Omaha alone has enough to do to make any big city slicker dick licker cream his pants.
Sioux Falls. Only one of the best states for banking and insurance. Tons of good jobs, great scenery, and affordable places to live. Makes your states look like prisons on gun rights.
I could go on.
So shut your whore mouth.
>>34646798
only issue is there are no jobs in rural areas.
>>34646499
Think of it this way - Your life will be much worse than your parents and grandparents life.
BUT Chang's life will be much MUCH better than his parents or grandparents life.
It's the Great Equalization.
We, the western minority, will suffer marginally so that the non Western European, non Anglo-Sphere majority can suffer far less.
If you think about it that way, it's not SO bad.
>>34646798
>Be Australian
>Have to move to city so you can get a job so you can afford to live
>Can't afford to live
>People can't even sell large, nice houses in rural areas because literally nobody except for rich people and some non-location based professionals can live there
It's kind of funny?
>>34646816
>1500 dollars a month
I'm fucking jealous.
>>34647495
My parents no longer blame me.
When my dad saw that the house he built in inner city Sydney for 80,000 dollars on a welders wage sold 2 years ago for just under 2 million, he realized our generation were in a spot of bother.
Check out Redfern (pic related), a junkie filled shit hole that you couldn't pay people to live in 20 years ago.
>>34647578
capped for future reference
good luck anon, I hope everything works out well
>>34648258
Knew a dude on the Frankston line, one of the numerous shitholes of Melbourne.
>Normal ass house
>1.3 million fucking dollars