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  1. #51
    I'm going to put "Man, I wish I hadn't moved out on my own and stayed in my parents' house until I was at least 26. What a mistake!" up there with "Man, I wish I'd never moved to the coast. What a mistake!"

    Sure, there are people who actually say and believe the first statement. They also failed to learn from life coming at them with a flurry of punches and are still waiting for their next handout. It's probably coming from the federal government in a couple days on the first of the month. They have all you to thank for that regular handout. But they probably lack the perspective for thanks.

    Does $hit happen to us we don't ask for? Of course. Such is life and it's up to each of us to still persevere.

  2. #52
    Join Date
    Jun 2011
    Location
    CNJ
    Posts
    250


    Take Rodney's Advice:

    "Move back in with your parents... let them worry about it!"

    Especially if they live near the beach and you get along with them. You do the same for your kids someday. Save some $$$. Avoid rent as long as you can.

    Time to surf.

    Ryan

  3. #53
    Buying a home is a prerequisite to a full life? Youth is wasted that way.
    Quote Originally Posted by nynj View Post
    Homes are now 500% more than they were 30 years ago. And salaries are not...

  4. #54
    Join Date
    Jun 2008
    Location
    Monmouth County
    Posts
    1,185
    Quote Originally Posted by EmassSpicoli View Post
    You have that "equity" any time the market has hit the floor in the last few decades? Home ownership has its benefits. It also raises your financial liability immensely and when things go wrong with repairs and upkeep it can be a money pit. It's only hard to save up for a home once you start to rent if you're not trading up for most else and just pissing your budget away. Read up on the stats of renting. It changes from time to time, but the renter has freedom that the home owner does not. Nothing is so absolute as people make it to be on this topic.
    I see what your saying E mass and to each their own,(No pun inteneded)but the housing market goes on peaks and valleys but from our expierience by far I'd rather own.We bought our place about 10 years ago.That would be over $100,000 easily for rent if we had stayed renting.Too me thats just throwing your money away.The guy is only 22 years old.Its not like hes 45.Im not even a conservative type person but I feel that what makes the most sence in the long run.
    Last edited by GoodVibes; Jun 28, 2013 at 12:56 PM.

  5. #55
    I moved out when I was 18, went to college, bought a few condos in AZ (tried to play the house flip game), and then the economy crashed, I was forced to keep them or foreclose, I had to rent out the condos because I simply didn't want to live so far from the ocean anymore. I started reading about economics..HEAVILY. I wanted to understand WHY a crash like that could have happened. Long story short, you never know what is going to happen and you can't plan for it. Don't get greedy like I was because it makes you unhappy and keeps you from surfing. I'm 32 now and yeah, I had to move back in with family for the past 2 years to recoup some of the six figure losses I sustained. Don't be like me. Just move out, don't get greedy, and don't get caught up in the whole "I gotta own my own home" game. That is a nightmare, especially for young people in today's economic climate. Just move out, work hard, and surf as much as possible. I can't stress the surf part enough. HAHA.

  6. #56
    Join Date
    Oct 2012
    Location
    grass lake, mi
    Posts
    43
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    11
    I live in my car and surf every chance I get. Couldn't be happier

  7. #57
    EMass, you sound like a bitter old man, haha. Your e-grudge is probably going to be held for as long as I post here. It seems like there are two camps here - Those that weren't able to depend on their parents past 18 and those that were able to.
    To those of you that moved out and made it on your own, congratulations and you deserve all of your success. My generation in general feels that we won't have nearly the oppurtunities our parents had. Our parent's parents could make it with a high school diploma and a good work ethis. Our parents got college degrees and were set with good careers. Us, we invest so much in our education and get slapped in teh face with things like McDonald's now requiring a bachelor's degree.
    I feel like this may be the new norm... Kids go to college and those that have generous parents will stay home, save money, and buy houses. Just seems like if you get caught up in that, you're building a life that you have no power to change. I'd rather throw caution to the wind and get out there and do something unexpected. Hell, I'll move to Maine or South Florida and work construction

  8. #58
    Join Date
    Apr 2008
    Location
    In a state of flux
    Posts
    3,383
    Quote Originally Posted by Bill Cosby's nephew View Post
    EMass, you sound like a bitter old man, haha. Your e-grudge is probably going to be held for as long as I post here. It seems like there are two camps here - Those that weren't able to depend on their parents past 18 and those that were able to.
    To those of you that moved out and made it on your own, congratulations and you deserve all of your success. My generation in general feels that we won't have nearly the oppurtunities our parents had. Our parent's parents could make it with a high school diploma and a good work ethis. Our parents got college degrees and were set with good careers. Us, we invest so much in our education and get slapped in teh face with things like McDonald's now requiring a bachelor's degree.
    I feel like this may be the new norm... Kids go to college and those that have generous parents will stay home, save money, and buy houses. Just seems like if you get caught up in that, you're building a life that you have no power to change. I'd rather throw caution to the wind and get out there and do something unexpected. Hell, I'll move to Maine or South Florida and work construction
    Bullsh!t. We all had the same struggles. You want to know the key? Most of us took the crappy low level entry jobs and worked our way up instead of waiting for the mid-level stuff we thought we would get right of college (and the college admins and profs told us we would get). that is exactly what paul did and it paid off.

  9. #59
    See the example I gave about my father and the Navy. That wasn't available to me

  10. #60
    Join Date
    Apr 2008
    Location
    In a state of flux
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    3,383
    Quote Originally Posted by Bill Cosby's nephew View Post
    See the example I gave about my father and the Navy. That wasn't available to me
    so you tried and were turned away??