• henfredemars@infosec.pub
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    1 year ago

    I’m an elder millennial but you guys are in the same boat. No idea how we’re going to afford housing down the line.

    • NocturnalMorning@lemmy.world
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      1 year ago

      Don’t worry, with the collapse of the environment, the economy won’t really matter. So, we at least have that going for us, which is nice.

    • hexaflexagonbear [he/him]@hexbear.net
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      1 year ago

      I did a PhD so I was a little late to the “real world” than other millenials. And I gotta say GenZ are in a much worse boat than millenials depending on location. In the Toronto area I’d say there’s a lucky subset of millenials who will never afford a home but have been in a rent-controlled unit for a few years. Idk how affordable having an apartment to yourself would be for gen z. To spend only 35% of your income on rent in Toronto right now for a 1 bedroom you’d need to be in the top quintile for HH income.

      I think I joked previously the millenial experience was going on zillow to look at houses you’ll never afford while the genz experience is looking at apartments you’ll never afford.

      • GreenMario@lemm.ee
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        1 year ago

        The solution is to burn down all homes so nobody has a place to live. A sorta “if I can’t have THING no one will”.

        In Minecraft, of course 😉

    • NotSoCoolWhip@lemmy.world
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      1 year ago
      1. Lower standards
      2. Buy shitty small rural house built nearly 200 years ago
      3. Spend any and all free time & money learning the skills & buying the tools to strip it down and rebuild it. All of it is online. Do it quietly and you won’t have to pull permits. Hold yourself to a higher standard than what a permit will allow and you’ll be fine.
      4. Continue to invest in yourself and your skills. You will become a rich person if you do this, if not in money, then knowledge. The earlier you can do this, the more value will compound off of your skillset.

      It’s not fun but it’s possible for myself, born 98. Got my little slice and the sunsets and stars are sure damn pretty out in the boonies. Gotta deal with the rednecks & general small mindedness though.