There's One Simple Reason Gen Z Can't Buy a Home

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[@lindaselander9602]

Keep voting blue, you will never get out of the basement

[@rainaki1685]

Keep not voting for yourself you'll never get out of the gutter

[@m16dude967]

Whether blue or red, you can't outbid their rich foreign buddies. They all do it, don't fool yourself.

[@springerworks002]

Quit acting like its not a uniparty.

[@chrishansel95]

While the republican party is literally falling apart, people quitting daily, and trump cant get out of court.

[@pro-techautomotive9433]

@@chrishansel95 Trump can't get out of court due to lawfare. The left can't beat him at the ballot box due to their abysmal record for the last 3.5 yrs so they have to try and keep him on the defense, and spending money that otherwise would go to campaigning. ALL these charges would never have been brought if he wasn't running for re-election.

[@AnonYmous-kf7uu]

Corporate ownership of residential property should be illegal.

[@nachc6459]

Exactly but they will never do anything. Obama and bush sold us out

[@troyvsc]

So much this. Single family homes should be owned by single families that reside into them or something close to it and not corporations and foreign investors.

[@AJZona-AJR79]

I get on average three offers a week on my home from people who wanna buy it and rent it out. I had one guy, a boomer who is collecting rental properties. I told him to F right off.

[@dingus6317]

I think maybe not a complete ban but a cap of some number of properties

[@DecrepitBiden]

We know all laws, restrictions, bans, mandates, etc. are useless. Rules for thee, but not for me. Look at the covid mandate, they exempt themselves from the vaccine. Pelosi was out getting her hair done during the Covid lockdown. Obummer was out playing golf. Election was rigged in 2020.

[@thomasdavis3933]

Got my house under trump. Could never afford it now.

[@mike93eh]

I didnt because i was betting on Trump having a 2nd term and then get one

[@thomasdavis3933]

@@mike93eh hate that for you my friend

[@R0YB0T]

Government employees can! We should all just work for the government! What could go wrong?

[@bustjanzupan1074]

@@R0YB0T Yeah, it already went wrong , so, it Will only get even much worse ... so, that 1929 wil look like a happy picknic ...

[@dustinbarlow1623]

My house has appreciated 200K in four years under Biden. If you arent making 120K a year, you arent buying a new home.

[@marsley9790]

Save America ya'll quit voting Democrat.

[@MrBudcole]

Exactly, and AMEN!

[@ronnie_5150]

Why would they? Sure, they can't buy a house or get a good paying job, but at least they can identify as a cat, and walk into whatever bathroom they want.

[@teetaunjj7894]

Your votes don't count... haven't y'all learned... and it won't again in 2024

[@therooster3478]

Mega corporations are buying all the homes and skyrocketing the prices, and you people still think trump and biden played some sort of role in this. No, neither of them did anything, they let the company’s do this

[@mickelkobeck7376]

My only advice to the young....VOTE carefully.

[@pistolgangmanman818]

I don’t think it really matters, I feel at this point they rig the elections every time and the sad part of it is there no possible way to prove or disprove this

[@Ivan_Igor19]

Voting is the adult equivalent of writing letters to Santa

[@joemamma2647]

Your only advice? Vote? Like it even matters who you vote for. They are in control of it all.

[@IncineratingPhoenix]

@@joemamma2647 Voting for Trump will definitely make a better difference than fucking Biden

[@ssaun2179]

voting republican is going to stop big investors from buying up housing and limiting supply?

[@AnastasiaBvrhwsn]

The WEF doesnt want you to buy a home!

[@MP-in4or]

Well, how can they control you if you own?!!! None of these corporations want you to own anything. Why do you think it is more expensive short term to buy a car then to lease? they want you to have a car payment forever. Keeps the money coming in for them. Disney, Netflix, Hulu, HBO, all want you to rent monthly instead of owning the shows and movies. Houses are going beyond 30 years. 30 years to own a home? Or pay a lot of money and do 15. As long as you own nothing, they can tell you what to do. Why do you think the government, more specifically Biden and his liberals want to get rid of cash? They cannot track what you buy with cash. they cannot cut off your cash income. You go against the government and you do all your banking electronic, they can do what they did in Canada and freeze your money. And 90% of the population pays no attention to it. Most don't care. Because someone else will fight for them. Someone else will show up and protest. Someone else will shed blood and sweat so they can live everyday stupid.

[@Featherless1]

😂 Don't y'all know how ideological subversion works..? Oh that's right, you're a victim... The red number on the back of your Social Security card is your corporation number... 😉 Don't be late for work sheeple!

[@mtnbums2000]

@@MP-in4orbingo, now spread your knowledge onto others ASAP! They may not listen but when it hits close enough to home they’ll get it. We need more folks to wake up before it’s REALLY too late!

[@bustjanzupan1074]

Okay, But, Why ??

[@bustjanzupan1074]

@@mtnbums2000 I Already is tooo late ... so, Don't worry about that .

[@toeygirl94]

Ive had to get a 2nd job as a 47 yr old woman. I can barely pay for gas let alone buy a house, i have to rent. I have no children, just a husband who is disabled and a old dog on her last leg. We can barely make ends meet. So this current president has made life very difficult and shame those who have used him as a puppet for their evil deeds to ruin this country.

[@DeniseFriendo]

They love our suffering, question is how long till people can't take it anymore.

[@sagatuppercut2960]

Why do you have a dog if you're struggling to pay for stuff?

[@rickadams9]

@@sagatuppercut2960 She said that her dog was on it's last leg. I would assume that the dog is at least 10 yrs old.Things were better when she got the dog.What do you want her to do ? Put the dog down ?

[@casey896]

Sounds like it’s time to get a new husband then…

[@takingrainbowsback]

Oh, Joes more than a puppet.. Trust me, he's getting his share... He's not some innocent old man.

[@tjlift22]

Welcome to the bidenomics.

[@randomsalmon4603]

going to college ruined my chances of buying a home. I bought into the fallacy of college and I've been paying for that mistake for 15+ years...

[@porksandbean]

i'm telling my kids take up stem or something that's needed after the apocalypse. not this gender studies nonsense.

[@joshuaatkins5197]

Bingo

[@dfwait14]

vocational school. learn a trade!!!!

[@blakewilliams3702]

Charlie missed the opportunity to say that. Graduating with debt decreases your chance of financing anything.

[@Allazander]

@@porksandbean Nursing. After the apocalypse first aid and basic medical knowledge could be quite valuable in the small survivor. Right now, a lot of areas are facing a nursing shortage and it is a decent paying career. If not that, be a plumber, electrician, electronics tech, etc. Trades are a good way to go for a lot of people plus they can apprentice to many of them, no school required.

[@adelbertsolis2866]

Should not allow foreigners to buy or owned houses and real estate. It’s unfair for Americans to compete with wealthy foreign investors.

[@bustjanzupan1074]

Eeexxxaaaccctttlllyyy , And , it's the same here in the Eu tooo !!! ! !!!

[@nattm6553]

oh u mean like some asian 3world countries.. haha well America looks more and more 3 world nowadays every year

[@whitenoised]

Like how China has bought out/owns millions in acres of US farmland and owns more than half our meat production companies.

[@Kidsinamerica]

People have been running late-night "real estate Investment" seminar commercials since the 1990s.....Real Estate Investment REALLY took-off in the age of cheap credit before the housing bubble of 2008, anyone with retirement money bought "investment property" - it isn't just BlackRock.

[@outdoorfreedom9778]

Horse shit!! My home is going on the market next week, I'm guessing you would never be able to afford it. If a person can afford a home in America then they deserve to. I have worked on my property for four decades to get it to this point. What the hell have you ever done!

[@eriktaylor1225]

“Vote Blue no matter who” Yeah how’s that working out with all those Democrat taxes?

[@vonbennett8670]

Let's not forget that the open borders policy (allowing both massive amounts of legal and illegal immigration into this country) currently supported by this administration and members of the Uni-Party in Congress (including may establishment Republicans) , is causing a severe shortage of housing and is also responsible for driving up the cost of residential homes.

[@IThtso247]

...and everything else!

[@mrmiagi6052]

Gen Z can’t get a home?? I’m a millennial and I can’t even get an apartment !

[@joselopez-he1mc]

I'm a warehouse worker and I'm looking at my 2nd property. Never made more than 15 till a few years ago. Had student loans and irs after me. Idiotic investments and decisions but I'm about to pay off my 1st home. If a loser like me can do it then it's very doable. I can't do this in LA or NYC but hundreds of cities allow me to do this with loser pay.

[@mrmiagi6052]

@@joselopez-he1mc I live in NYC

[@UnclePhil1112]

Where I am, apartments are like $1500 a month, not including utilities, which would be closer to $2000 a month. and at that point I’d rather pay for a mortgage. It’s like a never ending cycle at least there’s an end to a mortgage.

[@crosscat1]

@@mrmiagi6052 My condolences to you.

[@toragic3432]

@@mrmiagi6052 move out of NYC.

[@lindaarnold3091]

Charlie Kirk is speaking truth. I’m so sorry for our young people. If it keeps up the way it is going, the young people won’t have a chance to own a home. Sad state of affairs.

[@peppolobuondelmonte]

How easily magas become corrupted.

[@superwhitt21]

These young people are pathetic. You shouldn't but a house until you have saved 20% to put down. THIS WAS NORMAL. 7% isn't a high rate. They have been told they can buy a 5000sqft home when they are 23 years old for nothing down and low interest. THIS WAS THE LIE. When houses cost $30,000, average wages were 10,000 per year. Now houses are 200,000 and average wages are 65,000. The difference today is the amount of crap people piss their money away on. Car loans, leases, subscription food services, grub hub, night clubs, toys toys toys.... Vacations because yolo! Degrees that don't pay mixed with absurd college debt for a field that doesn't pay. Yeah, its decisions that are the problem. Not house prices or interest rates. Tenth commandment: Thou shall not covet. Or JBP: Compare yourself to who you were yesterday, not to who someone else is today. Stop coveting what your neighbors have. Stop comparing yourself to someone who made significantly better decisions than you.

[@bustjanzupan1074]

Some of us know this already , but most of them still not .

[@PlasmaBurns]

average age of 1st time home buyers is now 49.

[@max1mus737]

No, if it keeps up the way it is going, revolution will occur!

[@mikenimmick3920]

Vote for liberals and you get the leftovers.

[@stratisfied678]

Corporations should not be able to buy single family homes.

[@Dennis0824]

What else would you restrict corporations from doing? Where is the red line? Where does it end? The better question to ask is, WHY are corporations buying single family homes? They never used to do that before, so why now? The answer is simple. They see that profligate government spending, increasing the national debt by $1 Trillion every 100 days is highly inflationary. How do you protect yourself from inflation? Buy hard assets like real estate is the only way. If you solve the inflation problem, corporations will invest their money elsewhere where they can get a better return on their investment.

[@stickmanjr8891]

@@Dennis0824 so lets start with corporations since they are part of the cause of inflation

[@GSpotter63]

We should impose a 50% tax on any home that is sold within 5 years after being purchased... Put a stop to people who make a living by buying and selling homes quickly. They buy a home up the price and sell it again. This increases the cost of housing without producing anything...

[@stickmanjr8891]

@@GSpotter63 I would like that but again it can be sticky due of sometimes careers can be unreasonable to worker by moving them to other locations then suddenly ended up sending them to different other location again. These people would get that punishment??

[@GSpotter63]

@@stickmanjr8891 Well then we need to specify that the home will be occupied by the buyer.

[@user-zu5do6ri6r]

We gave our government money to pay corporations to keep houses out of our grasps.

[@Grimmlocked]

Give implies choice.... they pointed men with guns at me and shook me down for what THEY said I owe them

[@michaelmiguelicutti2829]

They’ll still vote democrat, which is why the voting age should be 26.

[@lcee6592]

46!

[@GT-mn3bx]

You mean 36, or own real estate already, and have been a taxpaying citizen at least 20 years. 26 is why we have what we have now.

[@kayakuprising5914]

Speaking as a Realtor, yes, Charlie is correct.

[@nitroneonicman]

oof sucks to be a realtor right now

[@jesse_-]

@@nitroneonicmannot really, because they sell less and make more.

[@nitroneonicman]

@@jesse_- lol cope

[@gooble69]

@@nitroneonicman "sucks to be a realtor right now" What are you talking about? In commissioned-based sales, the higher the prices the higher the commissions. The good ones are killing it right now.

[@nitroneonicman]

@@gooble69 Considering the number of sales are so much lower I think it's safe to say no one is killing it right now. If you sell a quarter as many for twice as much you've still lost half your income. This is basic math. And home prices are the same that they were two years ago, so you're not selling for twice as much.

[@DabstiX]

I'll say this man, I'm 38, work hard, still no home & I have a 3 year old son. I've thought about this for years. If my son hits 18 before the market is reasonable, I'll be buying a nice little camper, traveling to DC, to protest the housing crisis. If I'm gonna be homeless it's gonna be in their back yard.

[@bsg4338]

43 here living in my parents guest house. I'm in California btw

[@Appalachianasshole41]

​@@bsg4338 move then go someplace with better property and at reasonable prices. Work from home is the new standard no more lack of jobs excuses available. I got 10 acres and a 3 story house for a quarter or less than my cousin who moved to the San Francisco area to work at a power plant. His house is tiny one floor 3 bedrooms with zero yard for close a to a gd million dollars. Crack houses in California cost more than mcmansions in other parts of the country. You choose to live in commiefornia.

[@keeper6458]

​@@bsg4338I'm 46. Selling ny house and moving back in with parents. We are going to take care of each other. I have no other choice.

[@matthewgraham2619]

Just because you don't OWN a house, that doesn't make you homeless. Most people in major cities rent. If you want to own, and prices are too high where you live... Move!

[@Rob-BC]

Seems to work for the illegals. They get hotel rooms to trash.

[@bsg4338]

I'm Gen X and can't buy a house

[@laurablack2262]

Same here. I have zero debt. Perfect credit. No car payment even. My spouse is a 100% combat injured veteran. He qualifies for the VA loan. There is no way on this green earth we could ever afford the monthly payments on a house though. And there is no way we could afford the utilities if we could afford the payments. Or food. It’s a pick one or the other.

[@stillshakes5499]

Same.

[@muddysneakers77]

​@@laurablack2262exact same for me

[@pa28cfi]

Did you get a late start? I'm Gen X ('74) and have been a home owner since '97. I see people my age still renting, and I'm wondering what did they all do in their 20's and 30's to be so far behind the curve.

[@bustjanzupan1074]

Me neither , because i can hardly sustain this old half-house .

[@sterlthepearl1000]

Nobody is coming to save you. Including these Politicians. You have to save yourself.

[@sterlthepearl1000]

If you don't design your own life's plan. Chances are, you'll fall into somebody else's plan. And guess what they have planned for you? Not much.

[@goodoljackburton9211]

Facts! I’ve been saying it forever…we’re on our own!

[@svtinker]

Yes, and there is no President or economic system that hands you housing on a silver platter!!!

[@lander77477]

I can not save you, you can't even save yourself. So go save yourself

[@DeniseFriendo]

​@@lander77477If you're poor you're pucked

[@networth00]

I love that you blurred the guy's sign LOL. He thought he really did something.

[@user-jb6qu2rx4m]

What was it

[@networth00]

@@user-jb6qu2rx4m I dont know it's blurred so we can't see it.

[@user-jb6qu2rx4m]

@@networth00 uhhh huuuu

[@Westcoastguy]

@@user-jb6qu2rx4m Most likely some woke stuff.

[@Lagwagon801]

He’s proclaiming his gayness

[@richle905]

In 1960, my teenage father and his father walked into Sears and bought a house at Sears. They hired a man to pour the foundation and the house was delivered and put on the foundation. They spent the summer assembling the interior, cabinets, doors, electric, plumbing, etc, using the instruction book that came with the house. Then one government employee came to sign off on the house. Then a family of 4 rented it. It all cost roughly the price of a new car. The house is still standing and has a family still living in it. Today, it takes up to a year for me to get all the permits and a small army of government employees to do soil tests, slope ban analysis, engineers, architects just to begin renovation on my house in California. That is why housing is so expensive.

[@bartman59laj55]

So few people even realize that a ‘craftsman’ home was something purchased from sears

[@crosscat1]

You live in California? You have my deepest sympathy.

[@klein2252]

Dropped out of college in 2018, worked my butt off, bought a house in 2020. 2.6% interest rate. Things were so good back then.

[@MookMineola]

The 2.6% interest rate. ( and the mass printing of dollars) is the reason so many Americans cannot afford a home . People will invest in the best return they can get . If banks will no longer pay any interest to savers , they go looking elsewhere to invest their money . Home ownership seemed to be a pretty rock-solid investment. And you can always sell . But then the next generation coming up are totally stuffed . And how are they gonna feel ?

[@cynda1178]

I hope that young man gets his house, and keeps it.

[@mindyourbusiness4101]

When I bought my first home interest rate was 7%, which was low. I canceled magazine subscriptions, stop going to the movies, dinning out, and safe, safe, safe. Didn't get marry or have kids until I had a house. I know the market is horrible, I just bought one. But you cannot got to Starbuck's x times a day, pay $15 for avocado toast, use Doordash every day, have an Iphone, new car, and live above your paycheck amd expect to buy a home in this market .

[@cryora]

safe safe safe

[@A_Dventures]

We need to take our country back from these corrupt politicians and corporations

[@bradlong7941]

Dream on, Dreamer. Money, media, political power. They have it all.

[@RJ-og3cu]

@@bradlong7941 But we have guns

[@VvAvenger]

Will Donald Trump be able to restore all those things in just four years? That's a lot of pressure, may God help him.

[@markpitchford7375]

it's a lot quicker to tear something down (i.e., the US economy) than it is to build it back up.

[@sylviaisgod6947]

Trump is basically the second coming of Christ, he can do it.

[@VvAvenger]

@@Travis12861 But will people be comfortable to vote for a son right after his father leaves office?

[@VvAvenger]

@@markpitchford7375 That's gonna be one difficult task

[@Steven-wv3qm]

Nah, he won't. Republicans think Trump has a magic wand and he'll solve all their problems. He just wants the rich to stay rich. He could give two shits about anybody, but the rich.

[@melhawk1352]

It's by design. You will own nothing and you will be happy...

[@jesse_-]

It’s by vote. It’s what people choose.

[@crosscat1]

So says Biden and the left wing Socialists. Keep voting Democrat and you will find this to be true. FJB

[@lcee6592]

True

[@Andrew-sv6zq]

My son bought his first home last year... a townhome. His sister rents from him so she pays half the mortgage and utilities. I taught both kids how important it is to save and only buy what you can afford. The fact is, you will need to save your money. Always pay yourself first and live on a budget. Most of things people buy, they don't need. If you have to think about how you can afford something, then you probably shouldn't buy it. Most people do not understand how important it is to save. When it comes to this next election or any election, you really need to vote with your wallet.

[@barbt.9211]

I wonder how much money the UNITED states government's saves a year.

[@justwatchingrandomly]

He has a renter, which is his sister. He is probably in a cheap area, too. I’m millennial and luckily was able to buy a home in 2021. My house now is $180k more than i bought it for, and interest rate now is 7.125% vs 3%. The past 3 years have been very hard to swallow, and it’s been official that rent is now cheaper than buying a home. But rent also increased 2-3x since 2021. Gen Z, too, are working at least 3 jobs to get by where they live. It is unfair for them. They had it worse than you and me… a lot of them will never be able to own a home.

[@dimitardonev4507]

There is only one solution to house ownership - start building your own houses.

[@skeezix8156]

Or move to an area of the country where they are affordable. There’s homes for sale in states like Missouri for less than $100,000. A less desirable place to live? Maybe but these younger gens just want it all and right now. They don’t want fixer upper homes out in the sticks, complaining to the grave is what they’re going to do

[@csmall7842]

Yeah, I’m all for building my own house, like our elders have. But unfortunately that’s illegal (or at least so much bureaucracy it’s effectively illegal) in so much of this country.

[@dimitardonev4507]

@@csmall7842 I assume the problem is to find a land you like where you are allowed to build and then you have to follow all the codes and regulations. It shouldn’t be illegal. Also you’ll most probably have to hire contractors for various stages of the process because it is difficult to do everything on your own, but when you draw the line at the end it is at least 2x cheaper on average compared to using a builder or buying an overpriced old house.

[@rogersw9]

Kids it wasn't that easy. I worked 16hr days to buy my first home and it had to be repaired before we could move into it

[@user-ek2nk2nc4u]

Home interest went to 16% under Jimmy Carter, making homes unaffordable to us.

[@onestoptechnologies7305]

And Joey has the EXACT same policies!... leading to the exact same outcomes!!

[@rickdunn3863]

@@onestoptechnologies7305 EXCEPT JOE IS 10x WORSE. People never learn.

[@markpitchford7375]

I would LOVE 16% interest today. Then we could afford the prices.

[@user-ek2nk2nc4u]

@@markpitchford7375 You may have a point

[@user-ek2nk2nc4u]

@@markpitchford7375 PITI on a $200K loan would be around $2,900

[@jgesselberty]

Other factors include: - high expectations of Gen Z buyers. They want, today, what their parents took years to build up. They do not want a starter home. - they do not save for a downpayment, but indulge themselves with credit cards. That kid asking the question had a $70 water bottle dangling from his belt. - they want others to pay their debts. Paying off your student loans will put you in a good position to qualify for a mortgage. - few have skills to buy a low priced home and fix it up. - they ruin their credit, running up cards, with pizza and beer, concert tickets, and spring break money. - many are taking courses of study that will never result in a job that makes a salary to buy a home. Get the picture?

[@bgandjsco1]

The last thing in the world we should be doing is lowering interest rates when the government is borrowing a Trillion dollars every hundred days.

[@hotpocket_42o]

truly a pickle

[@dustinbarlow1623]

The last thing we should be doing is electing Biden who is continually doing it. Dude depleted our entire Oil Reserve for a political stunt to low prices, now prices are on the rise again. LOL There is a lesson to be learned about electing guys who think their uncle was eaten by cannibals .

[@frankseprino8610]

Dems are STUP!D!

[@danielwilkins7509]

Residential ownership, if any, of Corporate property, should, ALSO, be illegal.

[@Meton2526]

So you're going to disrupt the free market and remove investment dollars, therefor vastly exacerbating the supply shortage. Way to go, you've fucked everyone.

[@EstherTbs]

It's aggravating how Biden has ruined this economy. I was 16-17 in Trumps last 2 years of office and it was amazing. I could go wherever I wanted and get a full tank of gas for $20. I didn't have to worry about the price of groceries. If I had been old enough, I would have voted for Trump but I was too young. (Not that it would have mattered because they stole the election). Now all my disposable income goes towards gas and groceries and I cannot see my family as regularly because the gas is just too much. Thanks Biden.

[@ecole146]

I agree that things aren't great. But blaming one man for all these problems isn't very realistic. The president sucks, but the factors that caused this really happened when Trump was in office. 2020 is when most of the money printing happened on his watch - we're feeling the effects of that now.

[@CMCAdvanced]

​@@ecole146the president REALLY sucks, and his former administration that certainly supports him doing what the current administration is doing is good enough reason to blame Joe Biden

[@davidb7180]

You think you got it bad??? Joe's uncle was eaten by cannibals! 🤣

[@ishave1627]

@@ecole146 2020 was the year Covid hit. You can blame Trump if you want, but a worldwide pandemic is not something that is easily controlled. And it was mostly the individual states which locked down and put people out of work and schools (see NY vs FL). Biden is absolutely responsible for the green energy obsession, which raised gas prices astronomically (a major influencer of inflation). Trump printed the money to deal with Covid, Biden printed more and more money on "stimulus packages" which were actually pumping money for his own progressive policies.

[@michaeltewes7833]

​@@davidb7180 LMAO. That's another one of his lies

[@anthonymorris5084]

Buying a home takes discipline, saving and sacrifice. All the things these kids are devoid of.

[@casey896]

And sweat equity which means actually holding down a job and not expecting things to be handed to you. Can’t go from basement dweller to homeowner at the drop of a hat

[@anthonymorris5084]

@@casey896 Exactly. The biggest obstacle for any kind of success or goal is excuses. The propagation of victim mentality isn't helping either.

[@mississippiapple1078]

Finally a real question! This person will go far

[@propitiated4]

Black Rock purchased 4 condo's out from under us each time we were in the #1 position. We couldn't compete against a company putting 150,000 cash down everytime. I hate Black Rock.

[@dustinbarlow1623]

Black Rock Supports Nikki Hailey and Democrats.

[@Dennis0824]

When the market crashes, and it will; it is only a matter of when, Black Rock is going to lose their ass. Not only will they lose on their real estate investments but on all their paper assets as well. The big difference is that you buy a home to live in. Black Rock buys to make what they think will be a profitable investment.

[@propitiated4]

@@Dennis0824 I hope they lose everything and go down hard. I have a family, just looking for a nice place to live and they wouldn't let us have it because even though they have billions, they need more.

[@jaygarner2977]

An actual conversation.

[@user-su3zh2vz8m]

Charlie always speaks the truth. Love this man keep up the great work, brother.

[@chadsensei-ue6jn]

Because the fools want to pay city prices. It's different out here in the countryside. Paying 3 grand a month for a tiny apartment in the city will buy you a three bedroom with land out here.

[@bartman59laj55]

Exactly!

[@cryora]

They would have to travel far for work. The city is where the customers are at. Nothing to sell in the countryside other than maybe farm equipment.

[@Jason_g_kennedy]

One of my sons saved while at home, he can buy a house. My other son spends his weekly income on bling and anything shiney and has 0 dollers in his account while earning 1k a week. Like it or not a lot comes down to your own choices. Stay at home, pretend you are in jail, do nothing for just two years and you can have a house.

[@Mabalzitch2024]

Time to live with parents and grandparents.

[@PrayerWarrior4]

Again...I remember this happened a Lot during Obama's terms

[@joaopedrobaggio4475]

I am 35 years and i live with my parents, very common in Brazil.

[@omar-uu8qo]

37 and considering. I used to make decent money. Inflation destroyed that

[@coremaw]

​@@joaopedrobaggio4475living with parents will fuck up your parenting if you intend to have baby. Unless you don't want too.

[@joaopedrobaggio4475]

@@coremaw don't worry, i've never had a girlfriend and never get the intention to get married, marriage nowadays is a waste of life for men.

[@JohnnyAllan-vj7sj]

The only reason anyone can't buy a home is if they can't save money, have poor credit, or can't hold down a job. If you have $15K saved up, a decent credit score and at least 2 years of work history (at the same place), I guarantee you can buy a home. I did in one of the most expensive states in the country and I pay less every month than the average price of rent (including utilities and repairs). No more fucking excuses! You have none that aren't of your own doing. It's really not that great of an accomplishment, even in today's world. It's within reach for all of you. It just takes a little discipline and to stop feeling sorry for yourself

[@lionheart93]

1. stay out of all possible debt before a mortgage, 2. go into a high paying career, start a trade and build a business, or marry someone with a good salary including your own, 3. save and invest 20%-80% of you income, 4. Always below your means. You should be able to buy a home and much more but has to be intentional.

[@mrsleep0000]

I couldn't buy a home either when I was in my 20's...no one I knew could. It wasn't till our thirties when we had solid careers and had established a good credit rating...then they practically throw houses at you. These clowns want to graduate high school and be able to buy a home right away...that's not how it works unless you get lucky and manage to make a fat load of money.

[@invaderjaymz]

They tripled interest rates in Canada and the prices stayed exactly the same

[@mamaw4732]

That's true but the interest rate was stupidly low

[@ssaun2179]

supply and demand, im in no way a fan of canada policies but they are as a left leaning put in regulations that limit foreign investors from buying up housing there

[@onestoptechnologies7305]

@@mamaw4732 Do you mean like it was in America 3.25%? That's NOT "stupidly" low... that is "Economy is GREAT" low!

[@bubbabean8860]

During what period of time?

[@sunnysangha2097]

@@bubbabean8860 yaa what time period O.O

[@kevinrichmond6202]

Maybe you can't afford a home because you would rather spend $80 on a stupid Stanley

[@danielsinger6722]

My son bought a house at 20. Nothing huge but a house No collage trades. 2 kids. And doing well. Doesn’t live above his means. Now 26 and doing well. Guess I thought him right

[@Bliz77]

Charlie Kirk needs to be our president

[@dertythegrower]

No.. Mike Rowe is way ahead of this.

[@peppolobuondelmonte]

How easily magas become corrupted.

[@paulrutledge6818]

Agree, but Charlie has a 5 year wait. He's only 30. He's wise much beyond his years.

[@Meton2526]

@@paulrutledge6818 No he's not. He's just repeating the same "The Good Old Days" populist myths. He's completely ignorant of economic principles, and he's blaming the symptom (large institutional investment share) and occluding the real problem, bureaucratic overhead stifling new construction. This is 100% a supply shortage problem caused by those overhead costs.

[@d_all_in]

Price is determined by supply and demand. Housing supply is restricted by government policies (zoning, codes, regulation) and housing demand is increased by government policies (illegal immigration, housing subsidies, artificially low rates). Don't blame the corporations for playing the game.

[@nunterz]

too few understand this. Blackrock can buy up all the homes in the world and try to raise prices on them - if people were allowed to build housing, Blackrock can screw itself.

[@nomadzoom9260]

Yeah it’s called stop voting for Biden and we might have a praying chance

[@shrapnel77]

You can buy a home, it depends on where you want to live. You have to be realistic. The problem is most people are not realistic. We can't all own mansions, people.

[@BradThePitts]

If I could find a young person that can string together five sentences in a row without saying "like" I will GIVE them my home! 😂

[@daveassanowicz186]

How about "Ya know"? I heard a guy say it 6 times in a 10 second sentence

[@sylviaisgod6947]

Five SENTENCES? Most can't even go five words.

[@chrisgilling543]

and also “literallyyyy”

[@KpopOrigami]

1.I wonder if I could be considered young enough for this offer. 2.At 33, I am still working on paying off student loans. 3.I have been working my butt off to move up the corporate ladder, because it seems to be the only way to get out of debt and try to save for a down payment. 4.When my parents talk about buying a house on low wages, it really paints a picture of how difficult things are now. 5. These are my 5 sentences.

[@strongbrave]

You would like, offer to like, ya know give them a like a you know house they could like live in?

[@user-dw1ls3rp1l]

Three things will fix this: 1. Ban foreign ownership of ALL residential property. 2. Ban mortgage insurance. 3. Limit corporate ownership of single family homes to 50, with carve-outs for non-profits, municipalities, and homes under construction, for sale, or foreclosed.

[@pa28cfi]

And get local municipalities to allow people to build a 2BR/1BA 1000 sf house. You can do all those things, but when places require a minimum of 2500sf build, you're still looking at $400-500k prices.

[@Meton2526]

You have now disrupted the free market and accurate price signals, cut off a source of investment for new construction, and fucked everyone over in the long term. You are no better than the socialists that want to disrupt the efficient operation of the free market, but your blind faith is just following a different dogma.

[@markpitchford7375]

just ban corporations from renting out anything 4 plex or less. You don't need all those carve outs. They won't own it if they can't lease it out (unless it's a corporate apartment for their own private use or something).

[@user-dw1ls3rp1l]

@@markpitchford7375 The problem with that, is lots of mom-and-pop landlords form corporations to manage the property. It limits their personal liability should someone suffer a misfortune in the rental.

[@markpitchford7375]

@@user-dw1ls3rp1l I know. I just didn't want to type "any corporation with more than 4 individual owners". That cuts out the family entities.

[@KenMFT]

imagine biden gets re-elected

[@RKmndo]

The only reason they can't own a home is because they aren't working smarter AND harder. They'd rather whine than figure things out. People are still buying properties. They aren't necessarily rich or corporate overlords either.

[@thomasharper4166]

"Own nothing and be happy "!

[@Mabalzitch2024]

It is the communist way

[@dustinbarlow1623]

And Eat Spaghetti O's its the democrats way. Be happy and Poor, its your fault!

[@jamesrecknor6752]

The glorious, revolutionary plan of The Party, comrades.

[@adamdorsey3294]

@@dustinbarlow1623 more like cabbage...bunch of vegans and vegetarians.

[@barneymiller4088]

Forget a home, they can’t afford a new car.

[@jasonhutchins9239]

They dont need a new car they need a car that gets from a to b

[@AngelX2022]

Kirk is 100 on this, we have screwed this coming generation big time. I am truly sorry.

[@ralphgreenjr.2466]

I bought my first home when I was 24 years old. I had served 6 years in the military, I had a full time job in the steel mill, I was going to college part time, I had a daughter, and my wife worked full time. That was 50 years ago. Times have changed.

[@Dennis0824]

I bought my first home when I was 20 and in college. It was a 4 bedroom house and I rented out the 3 other bedrooms to college students which covered all the expenses. When I graduated college, I sold the house for a 60% profit which gave me a big down payment to buy a house in a great area with a small mortgage which cost me 50% less than rent for an apartment in the same area.

[@janofb]

My parents spent the money you spent on college, on a down payment for their house.

[@jamesmorrison7989]

The problem with interest rates going up is the owners don’t want to sell assuming they aren’t on a variable rate. They got in at a good time and will hold until prices increase again. The whole situation is screwed. I’m so lucky I saved up and bought in 2019. I got in when prices were at their lowest AND interest rates were under 3%. If I hadn’t done that in that exact moment, I wouldn’t be a homeowner. In fact, if I had waited just 9 months, my house increased by over 50% in value. It’s come down since then, but it just goes to show how ridiculous it was and how lucky I got. You shouldnt be required to live a productive life AND get insanely lucky just to own a home. Having one or the other of those is fine, but having to meet both criteria is how we are going to end up with serious violence.

[@andrechmielewski6643]

Higher taxes are a barrier for all Americans. Young people can't have family with children, because they can't afford

[@TrooAgony]

I'm a millenial and I was only able to buy my house because it needed a little work, and before Trump left office. GET A FIXED RATE MORTGAGE, NOT AN ARM! ARMs will be lower at first, but with the crazy going on, you'll never know where your rate will end up.

[@doreanabland1296]

As long as we keep spend, spend, spend and giving our tax money away you’re doomed…

[@EbenBode-no8wb]

Well that sucks, I’m a Gen z. 😭 At least I was raised right and I do have two jobs. I hope I can buy a house at least someday and have a family and be able to take care of my family.

[@anthonyplayground1402]

They should add up all the money they spent on booze, drugs, takeout coffee and fast food. All the times they avoided work too .... thats a lot of money.

[@johnfrankart702]

This kid is proof that there is still hope for most of these college kids, despite the extreme woke rhetoric being taught at the majority of these Colleges. He asks Charlie a damn good question, is respectful and doesn’t get triggered or mouth off etc… it’s nice to see this for a change.

[@mokeimusic]

I'm Gen X and own 5 houses Bought all of them in the last 6 years from a GED education. This guy is full of it and so is anybody else that says you cant buy a house. Stop spending your money on dumb shit. Do not finance a car or your education. Only Finance a home. Anything else you finance is dumb. Learn how to cook your own food and stop with the stupid over priced water bottles.

[@Dennis0824]

That is a step too far. You can finance other APPRECIATING assets. Nothing wrong with that. Everything else; pay cash or better yet, buy only what you need. Try to save at least 10% of your weekly paycheck.

[@ImMeandYouAreYou6942]

I bought 4 homes (2-2018, 2019 and 2020). I bought them as investments, but ai bought them more importantly for my 3 daughters to be able to have and be paid off by the time they are each 30-35.

[@docoolstuff8732]

I’m on house 4. Foreclosed one 1. 2nd house was $78k sold for $190. Bought house 3 cash in Florida $175. Sold in 3 years for $285. Building house 4 on 20 acres. Next one will be an income rental. Go get it if you want it. I make $40k mowing lawns. 🤷🏽‍♂️

[@adammitchell55]

The biggest issue pushing up home prices is we're not building enough housing. If politicians really want to help young people afford a home, they need to make it much easier to build!

[@PcLover81]

Time to buy a fixer upper that is in good mechanical shape and do the upgrades along the way. People seem to have such expensive taste these days.

[@joshuaatkins5197]

That's what I did. And I learned how to work on all parts of my home because of it

[@GardeningGems]

I was fortunate enough that my parents own their home and bought my aunts old single wide trailer right next door. We’ve replaced all the walls, flooring, joices & placed a metal roof. That thing is now sturdier than most of the new homes they glue together. I’ll never sell it, and not for just sentimental reasons. But I heavily agree, watching all my friends who are approaching thirty sink their self into massive debt on homes they will never own & on these cookie cutter type houses is just wild. No such thing as a good deal on the market anymore.

[@gr-8166]

Consumerist mindset. I bought a house last year that was neglected from a previous owner and now it looks like it has value both in the way the grass was cut as well as the kitchen that was redone.

[@Gingerblaze]

Not necessarily. Many young people would be happy in a much smaller footprint 1000 sq ft single family home with a small yard for their children to play in and to plant a garden over a huge mc mansion, but developers seem to be focused on building tiny 400sq ft apartments, with no privacy and zero green spaces for children or luxury townhomes and giant mansions with two car garages that no one lives in as they are held as a place to park money.

[@onestoptechnologies7305]

RIGHT!!! No one wants to work and "grow" into a better house! They want/expect a mansion with the first house!

[@tonym6854]

When i bought my first home my mortgage was 9% When it was 17% in the 80's i know many who bought real estate. Young people think they have it so hard but the truth is they don't know history.

[@chrishart8548]

Don't need to know history when house prices are minimum 10x your income.

[@louisdobosenski5989]

The numbers you are saying are true. I used to be a mortgage lender. However, I’d like to add that the price of homes back then were probably lower, home insurance was probably lower, not sure about taxes back then, etc. Long story short, we need to look at principle, interest, taxes, and insurance vs average income of Americans now in comparison to Americans back in the 80s. Previous generations did not have to deal with some of the nonsense that first time home buyers have to deal with today.

[@CMCAdvanced]

Don't forget, money now is worth even less than money then. It ain't just double

[@joeygawl4346]

Im a diesel mechanic and can barely keep up with my bills let alone afford a house. Everyone I know that has a home either bought it 20-30 years ago or it was given to them by someone who bought a home during that time.

[@Jake-uw6bh]

Im 40 with a paid for house worth 230k. Yall can make all the excuses you want. Get out there and work your ass off. Make wise choices with your money. Maybe educate yourself on how to handle finances. Or maybe im just an old man that doesnt know what im talking about.

[@MyNameIsJeff872]

I’m 42 and if you can’t see that affordability now isn’t even close to what it was for us then you’re not looking. Costs have exploded while wages are stagnant.

[@Jake-uw6bh]

@@MyNameIsJeff872 I can see that. But doesn't mean it's not obtainable

[@Dennis0824]

Therein lies the problem. Basic economics and finance is not taught anywhere below college level. The vast majority of people have no clue how the financial system works never mind using it to their own benefit. This is not an accident; it is all by design. The government wants stupid tax donkeys who will just keep working and pay taxes without asking any questions.

[@EightyFiveMillion]

I dont feel sorry for anyone - we shut down the economy 4 years ago for the flu and most of yall was on board and now the bill is due - you gettin what you deserve…

[@kristapsgulbis5677]

❤

[@carsonkelly2123]

Always wonder if these young adults ever hear Anything a conservative says.

[@crosscat1]

If they support the source of their misery, Biden and the DemonRat party, probably not.

[@robwastman4993]

I didn’t buy my first home until I was 35 years old.

[@MB-ed2qj]

Your vote matters youngsters.

[@mikefoodee7846]

Wait a minute…virtually every country in the world, even developing countries, has seen a dramatic increase in rents and home prices. This problem is not only in the USA.

[@Itslogicee]

Too right - speaking from NZ. Prices just to rent are insane.

[@bdazzler1]

Every country in the western world*. Its by design, its handed down from the wef. Its why we all have wokeism, dei, globalism instead of nationalism. Why your tax money is spent abroad rather than at home. Why corporates are put ahead of people. Drive society into the ground then replace it with political ideology.The plan is one world government where u will own nothing and you'll be happy. Current politicians are just jostling for seats at the top wef table by selling out their countries. It's social engineering

[@cryora]

The real estate market is international thanks to the internet and commercial flight.

[@nunterz]

because most other countries implement the same stupid policies: printing money and restrict construction. It is bound to happen. I remember an article from years ago about the situation in Berlin (Germany). A large housing project lasts there 10 years. 2 of those years is the actual construction, the preceding 8 years is bureaucracy. Eight fucking years! No wonder that only the largest corporations can afford to risk that amount of money for that long time, and no wonder they want to cash in on it balancing out that risk. It's insane.

[@kmb957]

I'm glad I decided to stay home and care for my father as he ages. He transferred the deed to me for everything I have done for him. No way could I buy a 20.5 acre property today.

[@someguy342]

They can’t pay for their school loans. Maybe they should go live with some of their new friends in the “newcomer” villages.

[@earlkeysaw3178]

Stop going to college and get a trade, use your brain

[@RobJess58]

Bingo that is 100% true

[@exmarine268]

Gen Z should actually go get a job first of all.

[@IndigoStarrAz]

LOL Your just an eeevil baby boomer!😃😃😃

[@danstrikker6465]

We are. Making 74k and I'm feeling it a lot

[@BillSchrader]

“Can i get a double cheeseburger and military discount please! Man, gen z should really get a job…”

[@GORT70]

I wonder if the ww2 crowd said that to their hippie boomer kids?

[@exmarine268]

@@GORT70 - Hippies fought in Vietnam. Even in those days, there was a work ethic.

[@ricksaunders8074]

BlackRock buys homes and charges outrageous price to rent I get 10-15 calls a month wanting to buy my home I would sell my neighborhood is a dump all rent houses But then where would I go

[@dmoney5003]

What needs to be addressed is the education system. Emotional voting needs to stop. Education is failing. Parents are failing. We have to reform public schools.

[@omar-uu8qo]

Mostly inflation.

[@frankseprino8610]

Thank Biden and the "spend-happy" Dems!

[@paultapner2769]

I would say as well: save. I still live with my mother at the age of fifty seven. I wish I had saved more money when I was younger. I do it now. I am doing okay. But I wish I'd had a longer term goal such as a house back then. Although I do live in a part of Britain where house prices are astronomical and one bit is the fifth highest in the world. So I don't know if I'd have a chance anyway. But a bigger nest egg might have helped.

[@TheGodfather101]

The fed actually announced they are delaying the rate cut until sept because inflation has yet to hit the 2.0% mark.

[@tommynorthwood]

Buy a rund down place and fix it up. I got mine for 15k, just paid it off. Freedom yo!

[@JediFight]

Main problem is their expectations.

[@chriswallace9113]

This. My generation was under no illusion that we’d be owning an average priced home while single in our early 20s. They touch on some real issues in the video but even when those issues didn’t exist, 20-something’s generally haven’t historically owned homes in any real numbers. Even married folks in that age group rented, lived with parents or shared a space with another couple until they saved enough and built their credit. I think it’s a result of the “everybody gets a trophy” generation.

[@glenng1304]

As of today 04/23/2024, the FED did NOT cut interest rates.

[@nattm6553]

European gen x here, when i was 25 in the end of the 1990ties I had traveled the world with a backpack alone many times, done my 13 months of military service, studied in university and worked many shitty dead end jobs for experience. Seeking that golden JOB i wanted and even saved some money ...all by myself. A 25 year old today..Well youtube gaming internet socialmedia is taking all their precious time and wasting their young life and future..on crap

[@angelofamillionyears4599]

All corporations should be offering Mortgages so we have lower rates. The Fed is a monopoly. We are 4 million homes short. Require the immigrants to work construction or join the military or be deported.