Current Events > Australian millionaire OWNS MILLENNIALS!!

(+) Yeah! (+)

How long did it take him to die of deyhydration?
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Bio1590 posted...

Dude literally got handed $34k by his grandfather lmfao

Yes and he invested it into a business.

He didn't waste it on some bullshit like funko figurines.

weapon_d00d816 posted...

Tmaster148 posted...

I'm sure it's the avocados and not the fact that it's unreasonable for someone at 19 to be able to afford a house today.

Millennials are as old as 35 now.

35 year olds are considered millennials now?
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EternalDivide posted...

What is even the point of owning a new home these days? And I mean one of these cookie cutter army camp looking pos things in manufactured "neighborhoods". I inherited my childhood home so I'm a different story. But growing up in the 80s-90s every single friend and family member had a home. Every home had a yard, front and back. A normal home. Everyone was different, some had a pool and yard, some just a huge yard, some had fruit trees, etc. A yard, a real yard was always a part of a home. And becoming an adult owning a home, the desire to have a home was that you had the yard. You could do what you wanted with it. Add things, remove things whatever you wanted. Raise kids with a treehouse and dogs like me and my brothers had, like my parents had, like their parents had.

Today in SoCal, all these tract homes are horrid. They sell for 300-500k, they're all poorly made and they have no yards. They cram 4 of these homes on the same amount of property mine is on. They're glorified apartments. There's no yard. You could literally stand at the back door and spit and hit the back perimeter fence. What the hell do people buy these things for. Not to mention the nazi-esq HOA they're all apart of so you have absolutely zero ability to make your house yours. It's madness.

its like this here in AZ too (although lower prices of course) but the houses have no character or anything, just generic house #497294671, I cant see myself ever buying something like it
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If you can get a house with a mortgage payment significantly less than a monthly rent would be (say less than $1000 in most places), it's absolutely worth it to buy a house
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This has been floating around for a while. Someone did the math and found you'd need to eat avocado toast for breakfast every day for like, 360 years for it to add up to a median home price.
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rich people are crazy
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CatataFish462 posted...

Bio1590 posted...

Dude literally got handed $34k by his grandfather lmfao

Yes and he invested it into a business.

He didn't waste it on some bullshit like funko figurines.

No one is disputing that. Hell I even said good on him for making obviously good decisions with the money he was given.

But that's the key operator here - he was given money to get going on at least two occasions. He put up a lien of $46k (of which $34k was from his grandfather) to get a loan of $150k. He was incredibly lucky in that regard. There's no telling where he'd be if he had been unable to get that
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Even if he wasn't given money he wouldn't do dumb shit with it.
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Who the hell even eats avocado toast?

I feel like it's some sort of thing New Yorkers would eat while having a 3,000 dollar box of an apartment.

I know no one that eats this.
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Anyone else think this was about owning millennials as slaves?
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Veggeta X posted...

Even if he wasn't given money he wouldn't do dumb shit with it.

You could argue that taking all the money to your name and using it as a lien for a loan almost 3 times its value that you could never hope to pay off if shit goes bad is "doing dumb shit" but lucky for him it didn't.
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rekt