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Millennials: Uhm, we've been living that dream for over twenty years now.
I'm over 40 (one of the ancient Millennials) and literally I have only been able to live alone for exactly four years out of the twenty-three years since I moved out of my parents. I currently live with a partner, because, you guessed it, it's about the only way we can afford things now.
20 years ago, I could rent a 1 bedroom small apartment for under $1k. Now you're lucky to find the same for $2.5k. Pay has not more than doubled. They definitely have it worse than us.
In a city of 200k I can rent a two bedroom apartment for about 1.2k and have access to everything I might possibly need (including a job) except an Ikea...
Edit: funny how people get insulted when they're told wanting to live in major city centers might be the issue... Nothing new about living in New York being more expensive than Albany.
"Well it worked for me so if you can't do it then you're just not trying hard enough!" Don't be intentionally obtuse. There are jobs in major cities.
People also have other shit in their lives you know nothing about. You have no idea what every single person does for a living. Maybe they work for the government and need to be near a military base, or the state capital happens to be a major metro area. Maybe they live near their elderly parents they take care of. Maybe they have family nearby who can watch their kids while they go to work and if they moved they'd have to start paying a ton in childcare. Maybe there's a cheap private school there and they don't want to have to switch their kid to public school. Maybe they have a chronic health condition or disability and need to live near the best doctors. Maybe one person went back to college and the classes they need are on campus. Especially if it's a higher degree where they can't just go to any community college in buttfuck nowhere. Maybe they had to move there for a postdoc fellowship. But why am I telling you when you already have all the answers.
I met someone who moved to Albany to get an advanced degree and they hated it. They alluded to the fact that they were broke and living with a group of people. Unless you're suggesting living out in the woods, in which case, sure. You're right. I've heard there's some great career opportunities out in the catskills.
We have no idea what other people's lives are like and none of us should assume we do. Especially when you're going to be a dick about it.
Man, if we were to listen to you the majority of people are living edge case scenarios which makes it impossible for them to find a way to improve a situation they hate!
I met someone who moved to Albany to get an advanced degree and they hated it. They alluded to the fact that they were broke and living with a group of people.And I'm sure they would have hated New York and would have had to live with an even bigger group of people! It's also completely ridiculous to complain about having to live with others while you're in school and can't work a job full time.
The only dick I see here is you, I merely suggested that it's possible to live in places where you have access to everything THE MAJORITY OF PEOPLE needs and to still have inexpensive housing. Not everyone needs to live in cities of a million or more but a lot of people will never consider moving out of them because they never do the math to realise that they might be better off doing it even if it means sacrificing some other things.
Yeah let's not pretend it isn't so much worse now though.
Yes, but it's worse for everybody. Millennials that have been renting for decades... How the hell are they going to get ahead enough to save up for a down payment!? Meanwhile, housing prices keep rising, outpacing even combined incomes. I realize some people are able to make it work, but I don't think it's the majority...
Oh absolutely, didn't mean for that to be a takeaway. These kids have got it way worse than we do, they were fucked right out of the gate even harder than we did. Just had my Gen X "they forgot about us" moment.
They'll never forget about us. Someone has to be responsible for things going out of business.
I lived alone for exactly one year before the apartment raised the rent by over %13. I had never been late or missed a payment. Luckily, my fiance, now wife, offered me to move in with her. But I would have had to move soon either way back then because I was being priced out quickly.