Folks, it’s not laziness, weakness, or entitlement. It’s CAPITALISM. Private employment no longer pays enough to live on.
“People getting smarter”
Like, I’ll admit I got a bit lucky. I was able to buy a house at 25. The house was under 90k in a mid size town. That same house about a decade later is about 2x that price now. May salary hasn’t really doubled during that time, so I’d struggle to afford that house now.
This is why the conservative mindset of “They didn’t work hard enough to deserve a good life” is total bullshit. Their worldview would only make sense if the world was fair and everyone was on an even playing field. Judging people who make $30k/yr for not “earning” their right to exist through hard work while ignoring the parasitic Epstein class which has fought to keep wages stagnant, keep healthcare privatized, unaffordable, and tied to employment, kill regulations that prevent corporate abuses of power, and prevent the real estate market from being fair to the people who actually work for a living instead of running up profit margins at those very same people’s expense by cutting corners is just rich, pun intended.
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Im old enough to remember when the news said it was under 25. Then 30. And now 35.
I’m old enough to remember the last time they raised the minimum wage. (In case you’re wondering, it was 2007. And it went from $5.15 to $7.25.)
35 if you are in tech or a high paying MD/nursing job. every other stem is not possible, let alone jobs are not there.
Average home buyer age in 2000: 35 years old
Average home buyer age in 2026: 56 years old
What I find horrifying about North America’s housing situation (I’m in Canada) is that these boomers own these giant McMansions that are only possible to buy with boomer money. My generation doesn’t want these giant houses, we can’t afford them, we can’t furnish them, and we certainly don’t have the time or energy to clean all of that, but it’s all that builders seem to build (they’re the most profitable type of home for a given amount of materials and labour)
Right now they’re all trying to downsize into the same homes first time homebuyers want and nobody’s buying their gigantic McMansions (look at Florida right now. Nobody is buying and it seems like every house is for sale right now)
Once enough of them can’t sell or straight up die (and their kids can’t sell) it crashes the entire market permanently. All of these houses get repriced to what they actually should be (good) but it collapses the entire fake money system which is based on inflated house prices (my home country’s economy is basically just real-estate speculation)
And of course the group that will be fucked over the most are the young people. It’s never the profiteering home owners who caused this whole situation in the first place…
There’s also the issue of municipalities being desperately reliant on inflated valuations for housing to get enough property tax. A big enough crash is going to cause towns and cities to run out of money…
currently its mostly tech people at those ages 35-40+ are home owners, followed by STEM grad holders who are in-demand fields including health, but mostly the indemand specific health industries. every other stem holder aint getting an income if they can get the job even, to buy a house.
That’s the K shaped economy. What we’re seeing right now is the bottom falling out of the 60-70th percentile. I’m hearing of a massive housing correction that should be happening this year or next.
FYI they changed delinquency rules so now they offer homeowners “pay me something and the difference is added to the back of your mortgage” that way it doesn’t report in the delinquencies reports. 60% of those fail within a year but it still manages to avoid showing up in the data… There’s lots more… Listing sites adding the showroom to real estate websites to represent 300 units, that way they maintain the illusion of scarcity.
Sounds like parents left their children a shit world to grow into.
its the boomers in congress, corps like blackstone, or other real estate vultures. and white NIMBY areas.
Not their fault
it is literally 100% their fault lmao, provable by MATH
It is absolutely their fault.
If they could have fixed it, that means you can fix it too
A house they were given, with zero sacrifice, was on fire - they walked around as if they earned that house, looked down on others who didn’t have homes and righteously toasted marshmallows on the flames and ignored the real issue. They also enthusiastically voted for arsonists all along the way. The house is in ashes now and only option is to build a brand new house from scratch in the middle of hell where active fire will consume any new foundation before you can put up a single wall.
Ahh, so the genocides and slavery and concentration camps and everyone in jail and the racism and misogyny and queerphobia and all that for two centuries was just “on fire”?
Women couldn’t have a bank account on their own till 1978, but that was just “on fire”? Somehow who? The boomers? turned 200 years of “on fire” into “ashes” but then gave women the right to bank accounts and the ability to hold higher offices beyond secretary? Or the civil rights act? Or were those just fanning the flames?
Somehow, what? When, in all the oppression and suffering, did it cross your imaginary threshold?
I’m not defending the selfish fucking white boomers. I’m not defending X or the “greatest” or the silents or whoever. But if you want to genuinely change things, you have to see the whole two century shitfest for what it is. If you believe it is the fault of anyone you remember, you will fail at bringing about real change.
You’re trying to make the discussion impossibly large so that no actual conversation can occur. You’re the person that responds to someone considering becoming a vegetarian with, “UH, WHAT!!! SO LIKE, WHAT ABOUT STEPPING ON BUGS? DID YOU EVER EAT A POTATO? YOU KNOW POTATOES HAVE A MEASURABLE INTELLIGENCE!!!”
And frankly, you sound pretty manic in your responses generally. Hope you have someone to talk to about it in the real world.
Won’t indict the American system of genocide, racism, and zealotry because
Checks notes
It’s too big.Would rather blame a single generation because
Checks notes
It’s easier.That’s a weird claim to make. Either way, your little strawman can’t distract from what you’re actually saying by ignoring the truth. You’re not limiting your scope to make fixing things easier.
Either you are having a little limited scope tantrum at your parents or grandparents or whatever because you can’t see past your own childhood anger at them. Or you genuinely want to get back to the way things were going for poor whites in “the good old days” before the most recent changes.
Not necessarily.
If I bake a cake, I can stop it from burning. If I leave that cake baking until my children are adults, they have no way to unburn the cake. At some point, they have to toss it in the compost bin and wait before it can help fertilize a new generation.
I don’t know what to do for you if you think the government that genocided a thousand nations just to exist, enslaved a whole chunk of the planet by skin color, then wink wink “got rid of slavery” while keeping it firmly entrenched in society for over a century, and has gone through several concentration camp phases, was “an unburned cake”. It was certainly “burned” in the 50s or 80s or whatever your silly, arbitrary timeframe is.
Romanticizing the past, when you had no control, ain’t going to help you if you’re searching for truth. It will help if you’re looking to feel better, but in the process you’ll ostracize allies who do recognize the “burn” I have mentioned, and be unable to genuinely create anything that is beneficial to all.
Correct, no argument there. Blame game doesn’t help unfuck things.
A third of young adults between the ages of 25 and 35 – 25.2 million people – were living with their parents in 2025. Of those, 70% had jobs, and many held college degrees, highlighting that the increase in at-home living stems from high housing costs rather than labor market conditions.
The national median asking rent is 18% higher than pre-pandemic levels, while the national median home listing price is 34% higher, according to data from the real estate company.
“Every adult still in a childhood bedroom is a household not formed, a lease unsigned, a starter home unpurchased,” said Hannah Jones, a senior economist at Realtor.com.
There it is. The pearl clutching over capitalism. They aren’t spending money on buying starter homes!!
Honestly, multi-generational living can be really beneficial. Just not for capitalists.
and blackstone is owning EMPTY houses, not blackrock apparently.
“A starter home unpurchased”
When have “starter homes” been a thing in recent history?! LMAO. In a lot of places everything is a very specific “single family” size starting at like “low 400s” all the way to a million.
One would have to look for such a place “with good bones”, because it’s not the most profitable development type anymore, and even if they did make them, new constructions are hastily thrown together as cheaply as possible before being covered with a pretty facade.
They fall apart quick, because their primary purpose is to sell.
starter homes in 70-90s year, and only up till 2004 in my area. now its just a “luxury prices” for a mediocre starting home.
I grew up in a house with my grandmother, and she was an incredible boon to my parents in taking care of us, plus she stayed surrounded by people who loved her and knew how to care for her (non-technically, things like helping her dress and use the bathroom).
So our family forwent paying for childcare, elder care, and an entire extra household of space, things, and utilities, plus we got the social benefits of having very young and old people together (grounds the young people and teaches them to be gentle while keeping the old people rooted in a community), all for the low price of inter generational living.
thats the way with asian and hispanic families
It’s so staggering to remember that for a very long time in human history, something like this was the norm. Now culture often tries to cast this as some kind of weird deviation.
That sounds like a really lovely set up
It was great. I’m a younger millennial who grew up with someone in my household who remembered WWI starting (she had my mom late, and then my mom had me late), which exposed me to a lot of history that most people my age didn’t get.
She was a teenager when the depression began, and because she was the oldest of 14 kids, her parents sent her to a convent to take over caring for her; she was one of the few women of her generation to get a master’s degree; she was living at the base on Pearl Harbor when it was attacked; and she rented out a room in her house to several of the first black students at the university where she taught, because no one else would rent to them. That’s a wild life story.
Unfortunately, I didn’t think about it when I had the chance, but I really regret not recording a set of interviews with her.
Multigeneration households are great if they actually plan for it. Starting a family in a house thats already servicing a full family can be difficult and many of them probably can’t afford to upsize to a more reasonably sized household if needed. Multigeneration living alone still wouldn’t fix the housing crisis but it could relieve some pressure and could be a more affordable option for those able to do it.
That’s why I said it “can be really beneficial”, because you’re right, it takes intentionality and open communication to really work well.
I know that my fellow millennials have already started feeling the pinch between taking care of our kids and having to take care of our aging parents by this point. It’s only going to get worse and more expensive.
Honestly, multi-generational living can be really beneficial. Just not for capitalists.
Indeed. I mean, I’m assuming most of these people are doing this involuntarily, but if we are doing real talk, the idea of the single-family unit that can be plucked up and plopped down anywhere in the country is something that is mostly in service of capitalism, not necessarily for happiness of the individual, non-atomic-family cohesion, etc.
It seems like nearly all of the culture casts anyone that doesn’t leave their parents’ home by the end of high school or at the end of college as being utter failures and losers, and not worthy of romantic partners, or worthy of really any respect and so on. How much of this is orchestrated is hard to really say, but Hollywood certainly doesn’t help.
I think the tide is shifting on the cultural view of living at home being a failure. It’s incredibly important for the young adults in these multi-generational homes to actually act like adults - take care of the house chores without prompting, do their own laundry, live their life not as a child under their parent’s roof but as an adult sharing living space with other adults.
I don’t personally want to live with my parents, but I’ve spent the majority of my life living with flatmates or similar situations, by choice. I’ve always preferred it over having a place entirely to myself, makes coming home feel more like visiting friends than just returning to silence. Requires people you get along well with though…
flatmates might be different from family. because wont hear them constantly nagging you on your career choices, or why you havnt found a job 24/7. assuming your roomates are in good terms they wont be annoying. they do care if any of the flatmates flake on the rent though. i heard alot of stories where drama happens because one of them refuses to pay rent.
Well, yeah. As with all other people interactions, if the people you interact with suck it’s going to have a negative impact 😅
But in a decade and a half of living with other people like this, not once has rent been an issue.
My partner and myself share a house with another couple and it’s a great arrangement for us. We’re close friends, we all give each other plenty of space, and it’s nice to have our chosen family involved in our day to day lives.
I think the most important aspect is making sure everyone has their own space they can go to get away from others. We all need our alone time!
Yeah, exactly. If I could end up in a situation like this longterm, I’d be happy.
For a while in my early 20s, I was staying with a friend of my parents because I just moved to a new city and she offered. She has a small house, as part of an enclave of about 20 houses built around a big common area, including workspaces, a massive kitchen and other amenities. They had a cooking schedule, so everyone in the 20 houses cooks at some point for the entire little community, and you just show up at dinner time for a meal if you’re not cooking that day. It’s super well organized and everyone seemed pretty happy with the setup.
I LOVED it. If I could achieve or find that one day I’d never leave…
I’m an introvert, I LOVE that I come home and I either have the place to myself or my fiance is the only person that could be home. Even then, sometimes I go fuck off in the garage after working in a garage all day just to have a bit to unwind. Dealing with people at work all day is so draining I couldn’t imagine having to deal with more people when I get home, but introverts drain around people and extroverts charge or whatever so to each their own!
Oh, I’m an introvert too, but I also suck at being the one to ask friends to do things or go places, so its easier to just have them hanging around at home essentially. But I also have plenty of options for getting away from home, so I don’t feel trapped that way
I miss living in a punk house with five other bastards. There was always something going on and when I was done being social I could just hole up in my room.
Finally have my own place after sharing various living situations for 20 years and it’s glorious to come home to my tiny apartment and only have to deal with my cat.
Downside is, I no longer have friends or go out. My roommates/SOs always made friends and plans for me, so I never really developed those skills, and now I’m too old to crash DIY venues and not be That Weird Old Guy that comes to all of the shows.
I empathise and understand! I’m pretty awkward with people I don’t know, so meeting new ones is a challenge to be honest.
I spent a year and a half living with my closest buddy in an amazing apartment, and it was quite honestly spectacular. Will be moving cities again after summer, and will put in effort to get a good flatmate situation going.
I wonder if Hannah Jones realizes what a cunt whore thing to say that was.
I’m thinking no.
You know what else is at an all time high?
Corporate ownership of homes. Funny, huh?
There’s no difference renting from a corp or from an individual landlord
Is this a bot or something? People could afford to OWN their own home js the problem here. That’s the whole point.
I don’t want to own a home yet. People who want to rent should have that choice
And the mortgages are even higher.
Actually u probably have that backwards unfortunately. My mortgage is 1200 a month, which is what my co worker was paying to rent a studio in the same town as me. Granted after property tax and insurance escrowed in its 1700, that’s still cheaper than any apartment in the state I just moved from a few years ago! And I’m sure rents gone up since
those numbers are ridiculous.
I bought my first house with my mom. She couldn’t afford to buy one on her own and I couldn’t either. US is fucked. Eat the Rich and build homes form their bones.
I expect my children to stay with me forever. Then they can have the house.
Even though many young people may be saving thousands by not paying rent and living at home, they may also be delaying first-time home ownership, which is still a key driver of household wealth, Jones said.
If (a) they aren’t missing out on higher-paying jobs by not being able to move close enough to such a job and (b) if they’re actually reasonably investing what they’re saving on housing costs — a very important “if” here — they’ll potentially be considerably better off by doing that.
Say I save $2k/mo on housing for a single year and I’m 20. That’s $24k for that year. At a 6.5% average long-run S&P 500 return, accounting for inflation, that doubles about every 11 years. At 31, that becomes $48k. At 42, $96k. At 53, $192k. At 64, $384k. At 75, $768k.
One year of saved housing costs, just doing nothing other than living with the folks. If they save it, and if they invest it reasonably.
Also, the idea that buying property is a key driver of wealth relies on a bunch of assumptions regarding buying in an area where the cost WILL go up, where there isn’t some massive, hidden maintenance cost (oh, the roof contained asbestos and we didn’t know) and that the housing market in general will remain insane.
I’m moving back to Geneva, and recently read an article stating the Swiss housing market has gone up by 94% for apartments , 80% for houses between 2000 and 2021.
That’s not sustainable…
Yeah, most people tend to live at home. That’s what home is.
To be clear, they don’t live in THEIR home
It’s a terrible title. “Empty Nesters” refers to parents, but the rest of the title is about people lot living in homes they own. And regardless of whether you own your dwelling, you still “live at home.” Those who own homes, still live at home.
It depends on how you define home.
Most girls are afraid to death to live in their husbands house with his parents
Well yeah, girls shouldn’t be getting married at all. They should be growing and learning and being children.
It really depends on if you’re living as an independent adult or if you’re still having mommy do your laundry for you. Millennials over all are more understanding of financial difficulties. It’s been rough.
