Civilizational collapse: Less than 15% of 30-year-olds are married homeowners

[1srelluc]

I manage a 52-unit apartment building and live in a house next door owned by the company. Great location and lot with huge white oak trees, large yard and garden, private and off the street. Have remodeled and added to it over the years, at the owners' expense of course.

That makes sense but usually the manager lives in one of the apartments.

A childhood friend's dad did that and they provided him with a very nice double apartment.

 

[Woodznutz]

That makes sense but usually the manager lives in one of the apartments.

A childhood friend's dad did that and they provided him with a very nice double apartment.

There was a basement apartment for the resident manager, but I bargained for the house as I had a family. As soon as the tenants living in the house lease was up, I moved into it.

 

[JoeB131]

Congratulations. You are now in the lead for the most non sequitur post of the day. (And that is saying something considering all the stupidity I've seen posted today.)

Duly noted you can't answer the point.

No, America is not going to get better with more Bronze Age superstition.

 

[JohnDB]

"Sixteen tons and what do you get? Another day older and deeper in debt. St. Peter don't call me because I can't go. I owe my soul to the company store."

America has pretty much evolved from those conditions and usurious lending practices are pretty much a thing of the past for the most part.

But you're right. There are all forms of modern day slavery. Two of the countries engaging in it the most are China and India.

The U.S. Democrats practice it in a way by trying to keep black people and others down, poor, and dependent on government. Those who try to escape that are called 'hanky heads', 'Uncle Toms', 'acting white', 'a discredit/traitor to their race' or whatever. (More and more black people are beginning to figure that out I think and no longer believe that the Democrats will take care of them because they never have. More and more and believing they can take care of themselves better than opportunistic politicians.)

When they return to their cultural roots, again discourage and deplore unnecessary single parenthood, reform their societies into traditional families again, they will quickly become mainstream as a demographic.

Well it's EVERY politician that has contributed to the situation of Big Business owning EVERYTHING in America....

Government handouts have contributed directly to criminals and their behavior infecting the big cities (as always) and looking the other way as corporations have bought and now distribute every product in the marketplace.

There is no one single person to specifically point fingers at.

What we need is the original anti-trust laws enforced. Bust up the big 9. Where they are no longer "too big to fail" like a major one did 2 decades ago.

We need more corporations than just 9 owning everything and making us all owe our souls to them.

Vehicles made by the big 9, parked in a driveway of a house built by the big 9, mortgaged obtained from the big 9. As the couple both work for the big 9. Groceries bought from the big 9, crops raised by the big 9, so children can go to school to learn from books published by the big 9

 

[Cellblock2429]

I bought my 1st home in late 1977, I was 22 and married.

/---/ I was 27, married for 4 years with 2 kids, when we bought our first and only home. It was a two-bedroom Cape Cod on Long Island and cost $48,000. I sold it for $800,000 after my wife passed.
$48,000 in 1978 would be equivalent to approximately $237,826.75 to $243,946 in 2025, depending on the inflation rate used for calculation. The average inflation rate over this period is around 3.46% to 3.52% per year. This means that the purchasing power of money has decreased $48,000 since 1978.
You can not buy a small home on Long Island in a middle-class neighborhood for $237,000.

 

[1srelluc]

My first house had baseboard electric heat and no AC....It took me a few years to save-up enough for a heat pump.....At least I had the duct work/wires plumbed in when it was built. Heat pumps were just becoming a thing back then.

It had a shit-ton of windows so it was breezy enough to where we just had a small window unit in the kitchen and two of the bedrooms.

 

[JohnDB]

/---/ I was 27, married for 4 years with 2 kids, when we bought our first and only home. It was a two-bedroom Cape Cod on Long Island and cost $48,000. I sold it for $800,000 after my wife passed.
$48,000 in 1978 would be equivalent to approximately $237,826.75 to $243,946 in 2025, depending on the inflation rate used for calculation. The average inflation rate over this period is around 3.46% to 3.52% per year. This means that the purchasing power of money has decreased $48,000 since 1978.
You can not buy a small home on Long Island in a middle-class neighborhood for $237,000.

And I'd dare say that your wages also have NOT kept pace with inflation while real property (things that go up in value like houses) have skyrocketed in value as you have discussed.

There's the whole issue in a nutshell.

We have automation that can build products so inexpensively anymore but the prices have remained high. Their lifespans are also much shorter. It used to be that a clothes washing machine would last 20-30 years....it was a major purchase for most households. (Still is) Now if you get 10 years out of a machine you have beaten the odds.
Most household appliances are doomed after 6 years.

 

[Foxfyre]

Well it's EVERY politician that has contributed to the situation of Big Business owning EVERYTHING in America....

Government handouts have contributed directly to criminals and their behavior infecting the big cities (as always) and looking the other way as corporations have bought and now distribute every product in the marketplace.

There is no one single person to specifically point fingers at.

What we need is the original anti-trust laws enforced. Bust up the big 9. Where they are no longer "too big to fail" like a major one did 2 decades ago.

We need more corporations than just 9 owning everything and making us all owe our souls to them.

Vehicles made by the big 9, parked in a driveway of a house built by the big 9, mortgaged obtained from the big 9. As the couple both work for the big 9. Groceries bought from the big 9, crops raised by the big 9, so children can go to school to learn from books published by the big 9

I agree necessary anti-trust, anti-monopoly laws should be in place and enforced.

The Democrats favor big business because it is big business they can better manipulate into pouring major contributions into their super pacs and campaign funds. (The Republicans have not been innocent in that over the years as well but now their constituency is far more likely to be small business and rank and file working Americans than big business.)

However, the big businesses are also necessary to the health of the economy. Even though they try to destroy small business competition, they are the reason many small businesses exist. How often do you see many small businesses cropping up when a big 'anchor' store goes in.

With cooperation of a tiny village and the state, an Intel plant going in on the desert northwest of Albuquerque caused that tiny village to quickly become the fastest growing city in the country for awhile as the workers needed homes and car dealerships and gas stations and grocery stores and medical facilities etc. Intel is still the largest employer in town and currently is thriving having built a new facility last year. Rio Rancho is now the third largest city in New Mexico and continues to grow though more slowly.

We will always need a variety of commerce from big business to mom and pop stores. What we need is small, honest, efficient, effective, and economical government regulating it.

But the traditional family has always been the backbone of that kind of government as well as a strong, free, prosperous America.

 

[Cellblock2429]

And I'd dare say that your wages also have NOT kept pace with inflation while real property (things that go up in value like houses) have skyrocketed in value as you have discussed.

There's the whole issue in a nutshell.

We have automation that can build products so inexpensively anymore but the prices have remained high. Their lifespans are also much shorter. It used to be that a clothes washing machine would last 20-30 years....it was a major purchase for most households. (Still is) Now if you get 10 years out of a machine you have beaten the odds.
Most household appliances are doomed after 6 years.

/—-/ For most of my career I worked on salary plus commission. I also traded stock options for the last 20 years. I can’t speak to the salary issue.

 

[JohnDB]

/—-/ For most of my career I worked on salary plus commission. I also traded stock options for the last 20 years. I can’t speak to the salary issue.

Well for the majority of people there began to be a slight easing but it's been gone.

 

[initforme]

My husband and I nor any of our closest friends had any nest egg and we had extremely limited assets of any value of any kind when we married. We're still married decades later and became sufficiently prosperous to not have to worry about living from paycheck to paycheck. Yes we lived paycheck to paycheck for awhile, we had no credit cards, no savings in the bank, credit was pretty much layaway plans at Sears. We had nothing going for us in any way other than solid moral grounding, strong work ethic, and unlimited opportunity ahead of us if we just did what we needed to do to achieve it.

If you don't demand to have what the more prosperous have from the very beginning, it goes a whole lot better. Too many young people now want to start out marriage with a nice house, a nice car, designer clothes, travel, expensive concerts, etc. etc. etc. So yes, they need two salaries to 'barely get by.'

A return to old fashioned American values of common sense, fiscal and moral responsibility, willingness to work for what you have and expecting to have to earn what you get is necessary. If we don't encourage that it won't happen.

While i can appreciate your viewpoint, the fact is those days are NEVER coming back. Promoting young people today marrying, starting out from nothing, is simply a recipe for abject failure. Most young people DO work hard, they do work for what they have. To ask them to add kids to that is frankly, wrong. Many have figured this out and dont want to "scrape by" nor should they EVER be expected to. And they have every right to do things as they wish.

 

[Foxfyre]

While i can appreciate your viewpoint, the fact is those days are NEVER coming back. Promoting young people today marrying, starting out from nothing, is simply a recipe for abject failure. Most young people DO work hard, they do work for what they have. To ask them to add kids to that is frankly, wrong. Many have figured this out and dont want to "scrape by" nor should they EVER be expected to. And they have every right to do things as they wish.

Never say never.

The will of the people to make things better for those young people can be a very powerful thing. We just have to overpower with reason, integrity, example, logic, our vote those who would keep things spiraling into deterioration.

 

[Unkotare]

While i can appreciate your viewpoint, the fact is those days are NEVER coming back. Promoting young people today marrying, starting out from nothing, is simply a recipe for abject failure. Most young people DO work hard, they do work for what they have. To ask them to add kids to that is frankly, wrong. Many have figured this out and dont want to "scrape by" nor should they EVER be expected to. And they have every right to do things as they wish.

**** you

 

[Captain Caveman]

Civilizational collapse: Less than 15% of 30-year-olds are married homeowners​

Civilizational collapse: Less than 15% of 30-year-olds are married homeowners | Blaze Media

A viral chart revealed that the number has been declining rapidly since the ’90s.

www.theblaze.com

In 1990 it was 45%.

The communist wet dream of owning NOTHING is coming to fruition in the US.

To the Federal Reserve's credit, they are artificially elevating interest rates to continue this trend.

Well done comrades.

We should all learn to speak Chinese.

In the UK, since the 1960's wages have grown 37 times, but house prices have grown 500 times.

The structure of living has changed, more people living pay cheque to pay cheque, and owning a home has turned into a difficult dream to reach. So I imagine marriage has gone down the list of priorities.

 

[RoshawnMarkwees]

In the UK, since the 1960's wages have grown 37 times, but house prices have grown 500 times.

The structure of living has changed, more people living pay cheque to pay cheque, and owning a home has turned into a difficult dream to reach. So I imagine marriage has gone down the list of priorities.

Marriage doesn’t exclusively rely on home ownership.

 

[Captain Caveman]

Marriage doesn’t exclusively rely on home ownership.

Plays a part, a proportion of people want security behind them.

 

[RoshawnMarkwees]

Plays a part, a proportion of people want security behind them.

Lots of families lived in apartments when I was kid in the 1960’s.

 

[Captain Caveman]

Lots of families lived in apartments when I was kid in the 1960’s.

Not with noughties rent levels.

Why Are Marriage Rates Declining? -

Marriage rates have been declining year on year for some time, with the latest figures from the Office of National […]

www.grayfords.co.uk

Cost is mentioned, as well as property cost. Plus many other factors too.

 

[RoshawnMarkwees]

Not with noughties rent levels.

Why Are Marriage Rates Declining? -

Marriage rates have been declining year on year for some time, with the latest figures from the Office of National […]

www.grayfords.co.uk

Cost is mentioned, as well as property cost. Plus many other factors too.

Mortgages and rent costs were comparable. For many, the alleviation of repair responsibility made apartment living more attractive.
The point is that real estate is not mandatory for financial security.

 

[Captain Caveman]

Mortgages and rent costs were comparable. For many, the alleviation of repair responsibility made apartment living more attractive.
The point is that real estate is not mandatory for financial security.

Not in the UK from the 60's to now.

Correct, owning a property is not mandatory but it does help. Maslow's hierarchy of needs puts security first. So you can have home security and job security as a high priority. But in the link, there's other parts to the marriage dilemma too. Religious views have changed, living together not married is not frowned upon, average wedding cost £30,000 which can go along way to a house deposit etc..

If not owning a house and renting didn't affect you or your priorities, good. But it does affect some others.