Originally Posted by ford150man
Originally Posted by Driveby
A lot of it has to do with mindset, priorities, and work ethic. If you look around, you will see a lot more younger people drawing a check on some government program because they are too lazy to work. There seems to be a lot more young meth heads running around as well and they sure aren't buying a house. Also, most younger adults are more focused on having the latest and greatest cell phone, new car, or buying those $7.00 coffees every day. Most of the young people I know, my children included, that have a mind to work, determination, and their priorities in order, are buying homes and raising families. Now, I will say that those type of young people are definitely in the minority.

Earnings to price of homes is out of whack, but starter homes are looked down upon by young folks too. I’m painting with a wide brush but so many young folks seem to not be interested if it isn’t a 2,500 sq ft home in an upscale neighborhood. Growing up, if someone had a 2,500 sq ft home, they had a freaking mansion in our eyes.

I agree that tastes have definitely gotten fancier, yes absolutely.
But often these starter type single family houses(sub 1,200sqft) are in areas that are less than safe and/or school systems that are completely trash.
I understand a starter house is not meant to be fancy or in an A+ neighborhood.

My first property was a 725sqft condo in 2018 bought for $95,000, that same condo today is closing in on $200,000