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ldeveraux t1_j2aten2 wrote

Is this first time home buyers at 38? Is this what the current economy has driven us to?

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RedBullPittsburgh t1_j2cenu6 wrote

I'm 36 so its not that far off. Still waiting to get my first home.

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Wolfram_And_Hart t1_j2djhif wrote

42, cashed out my 401k for a down payment and then they laid off the entire US based staff.

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chippersonofYork t1_j2aw19l wrote

That’s the good news

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ldeveraux t1_j2aws9v wrote

There's good news here?

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chippersonofYork t1_j2b65je wrote

Ya people only living at parents home till 38.

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surrrah t1_j2bxdng wrote

Idk why living with your parents or family members is frowned upon?

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showmewhatyougot37 t1_j2byo0e wrote

Because you should be able to own a home near your parents in the richest country in history.

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surrrah t1_j2djj6p wrote

I mean yes agree. But the whole, living with parent any choice being a bad thing, is strange to me

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showmewhatyougot37 t1_j2e4lcx wrote

It's not a choice is the issue.

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surrrah t1_j2e76ss wrote

I get that. But when it IS a choice, people are still put down.

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showmewhatyougot37 t1_j2eh58p wrote

Because it's not VIEWED as a choice, it's viewed as a poor thing which is frowned upon in the US

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surrrah t1_j2emvgu wrote

Okay I guess I’m just not explaining well enough what I’m trying to say. Doesn’t matter. Good day

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Ok-Recording2620 t1_j2eybqb wrote

The default assumption in the US is that if you’re living with parents, it’s because of a life situation (divorce) or because you can’t afford to live on your own. That’s why it’s seen as a culturally bad thing. If someone culturally chooses to live with their parents, it’s probably an immigrant family, it’s just not common here. Living with your family here usually is code for “not thriving”. Not saying it should be like this, but that’s how it is. I’ve never heard someone actually get out down for living with their parents, if anything, people respond positively and say “I wish I could do that” “you’re probably saving so much money” etc.

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WhyHulud t1_j2ehtjv wrote

Perspective isn't the issue, it's that their parents were buying homes at 18. Boomers suck out so much value for themselves that they drove prices to this point.

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