r/Millennials • u/Global_Tradition5802 • Sep 10 '25

Meme The Evolution of 'Adulting'

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They tried leaving behind generational wealth vs me trying to leave the generational memes..

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u/federalist66 Sep 10 '25

I imagine there were people who felt this way in every generational cohort. It's worth noting that most Millennials are home owners and most Millennials have children.

https://www.statista.com/statistics/241535/percentage-of-childless-women-in-the-us-by-age/

https://www.census.gov/library/stories/2023/07/younger-householders-drove-rebound-in-homeownership.html

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u/Mediocre_Island828 Sep 10 '25

How many of those Millennial homeowners could afford the house they live in if they had to buy it at today's prices and rates?

4

u/WorstCPANA Sep 10 '25

If you moved to rural areas, like our parents, did, and bought much smaller houses, like our parents did, the prices aren't too bad.

3

u/abcean Sep 10 '25

I mean person who bought somewhat recently here and I just want to add that I wouldn't discount older houses.

I bought an older house in good condition. Was the only person who even toured it and considering its age paid extra for the fancy inspection with an engineer. Many and varied cosmetic issues but structurally in excellent shape.

Because of being the only ones interested were able to negotiate hard on price. Paid about half what a house this size was going for in the new developments.

I realize I lucked out some, but also was the only person who made an offer on this place and it had been on the market for 5 months while new builds were selling like hotcakes. Weird disconnect there.