'Almost everyone from the older generation sells their home for more money than they probably generated in their entire life. Regardless, what's keeping the prices high is us.'
In an ever-increasing demand and prices, young adults are barely able to afford groceries and housing. While many adults aim to move into their own homes via renting or purchasing to mark their adulthood, their plans have been shattered, as it is now being suggested they are responsible for the same. u/Necessary_Bench_4176 shared a post on Reddit with the caption, "We are responsible for the housing crisis, not big banks or investment companies. Millennials and new homeowners - it's your fault." While many had mixed feelings about the accusation, there was an explanation. The post mentioned that the root problem of being unable to afford housing is that housing has become an investment for everyone.
The post further mentioned that people are purchasing houses to either rent them for hefty amounts or to downsize in the future and enjoy other luxuries. "How did this happen? It's us. We are agreeing to pay these dumb prices," the post read. While elaborating further, it was mentioned that the dire necessity millennials and young adults are in causes them to pay just any amount to get their housing. It was highlighted that people are taking advantage of the younger generations' necessities and the young people are giving in. "Almost everyone from the older generation dares to sell their home for more money than they probably generated in their entire life - knowing very well they could never afford that in the past or now," the post read.
"If millennials and new homeowners collectively withheld their desire to take out that meaty mortgage, prices would drop," it was added. The problem is that the younger generations are not doing anything but agreeing to the ridiculous demands being made by homeowners, adding to the financial burden more than ever. The post further suggested using other creative methods to find housing but to avoid paying unusual amounts for the same. "Do it long enough, prices will go down. This may mean staying with parents, finding a super cheap shitty rental, or even sleeping in a car. Or buy a house and join the mob by renting out rooms for stupid prices to pay your mortgage."
"They raise their rents every year with no complaints because us idiots keep paying," the post explained. However, millennials and GenZs in question had different opinions. Many believed it was an inevitable problem that couldn't be avoided and they were not to blame. u/dowder2111 arguably said, "Ah, so it's the millennials' fault for buying shelter, and not the boomers for price gouging us. I suppose you think the price of healthcare is consumers' fault for not just dying instead?" u/Melodic_Total8657 said, "I understand how boomers feel when millennials use to blame them for shit. Because this post is wild." u/GoldCoastCat said, "There's a reason why it's so hard to find affordable housing. And I think it's about supply and demand. We need more supply. Unfortunately, that isn't profitable." u/EXPLODING-SPUD said, "Withholding your purchase doesn't really work when it's a necessity of life."