It’s not that millennials will never own homes, it’s just that they may never be able to own them where they want to. Case in point: The town you grew up in and fought so hard to escape is the only place with homes in your price range.
Just heartbreaking.
Although you worked so hard to get good grades in high school, saved money by attending community college for two years before transferring to a state university, and landed a solid job in your dream city, ultimately, after 15 years out of your parents’ house, the only homes in your price range are back in the podunk town where you were raised.
And sure, there are other affordable homes in other equivalent podunk towns, but it’s pretty depressing that your hard work has merely led you back to a place with nothing but a 7-11, two dive bars, and an opioid crisis. If only you’d known that to really make something for yourself, your one option was to go into finance. But would business school even be worth it now? What with AI…? And everything?
Oh, who knows? (Certainly not you.)
There’s a pretty nice-looking place on Zillow up for sale, not too far down the street from your parents. Three bedrooms, a little yard, a laundry machine. Yes, buying it would mean you failed, but something about it remains compelling. Most tragically, you could’ve saved about half the cost if you’d just bought it during the pandemic when your mom first sent you the link.
Damn. If only you’d known to give up by then.
So what will you do? Should you just keep renting in the city where you’re basically watching your money burn? Or should you move back home, buy property, and just get addicted to opioids? Sound off below!