Iran

[hog88]

The average age of a first-time homebuyer was 27 in the year 2000. Now, in 2026, the average age of a first-time homebuyer is 40.

Could part of the reason be a lot of the younger (mid 20s through 30s) generation doesn't want to own a home? They value flexibility and leisure time more?

 

[General Jack]

What's the source on this? 40 as an average seems off on the surface.

I've heard it cited numerous times, here's the top of the google list: First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to 40

 

[Vol8188]

The numbers I found are a little different but about the same, just note that it's closer to 5x for 2026. That's actually a big deal. Home would need to be about $50k-$90k less on average to be directly comparable. That's not nothing- especiallywith everything else involved,

Remember, nobody is buying a home in a vacuum.

Don’t forget interest rates were close to 8% significantly reducing your 50-90k number.

Is your argument seriously that 50k or less is prohibiting people from buying a home?

If anything homeownership is slightly higher today

 

[Smokey123]

Could part of the reason be a lot of the younger (mid 20s through 30s) generation doesn't want to own a home? They value flexibility and leisure time more?

Oddly enough Gen Z is buying houses earlier than Millennials. Like 25% of 24 year olds already own homes. I don’t know why the average age has gone up so much

 

[hog88]

What's the source on this? 40 as an average seems off on the surface.

Gen Z is defiantly ‘giving up’ on ever owning a home and is spending more than saving, working less, and making risky investments, study shows

One line from the article stood out to me.

In other words, younger generations are “giving up.” That’s according to Northwestern’s Seung Hyeong Lee and Chicago’s Younggeun Yoo, who also cited a 2024 Harris Poll survey about the state of real estate that showed 42% of Americans and 46% of Gen Z respondents agreed with this statement: “No matter how hard I work, I will never be able to afford a home I really love.”

 

[rikberry31]

The IAEA was inspecting them in accordance with the treaty when Trump ripped it up.

I don't care how much weapons grade material they have any is too much. If they had a bomb they would use it, they have said it and proven it over and over. They are a death cult. It's pretty hard to reason with a suicide bomber.

 

[Ttucke11]

Again, my parents bought a house on a single income. Most everyone else I grew up around- with one notable exception, where the dad worked a relatively low-skilled job- bought on one income.

What was the average income then compared to the average home price, across the country? What is it now?

Some quick meatball math says average college grad (doing apples to apples here) makes 55K their first year of employment in 2025. Lower end of a median home is 405K in 2025. Roughly 7 and a half times the average wage.

In 1990 the average grad made 31K and the average home cost 96K. Just over 3 times the average wage.

That makes homes roughly 2.3 times more expensive today solely in spending power.

 

[utvolpj]

I don't care how much weapons grade material they have any is too much. If they had a bomb they would use it, they have said it and proven it over and over. They are a death cult. It's pretty hard to reason with a suicide bomber.

Where has Iran claimed to want a bomb and will use it once they get one?

 

[Vol8188]

Some quick meatball math says average college grad (doing apples to apples here) makes 55K their first year of employment in 2025. Lower end of a median home is 405K in 2025. Roughly 7 and a half times the average wage.

In 1990 the average grad made 31K and the average home cost 96K. Just over 3 times the average wage.

That makes homes roughly 2.3 times more expensive today solely in spending power.

In 1990 there were less college graduates.

If you guys are losing at life, it’s not because of the system

 

[Ttucke11]

In 1990 there were less college graduates.

If you guys are losing at life, it’s not because of the system

That is the most irrelevant point possible in response to my post. I'm doing great actually, I have this thing called concern for our future generations.

 

[ButchPlz]

according to Google:
1995 median household income = 34k
1995 median home price =115k - 134k

2026 median household income = 84k - 90k
2026 median home price = 400k - 420k

both are close to about 4 times income for home price. 2026 is slightly more.

Wait wait wait. Household income is only part of the equation here. I think our point before was about single incomes buying houses. How do we look at that?

 

[Vol8188]

Where has Iran claimed to want a bomb and will use it once they get one?

Everyone builds their medical facilities 70 foot underground, right?

 

[Vol8188]

That is the most irrelevant point possible in response to my post. I'm doing great actually, I have this thing called concern for our future generations.

The supply of college graduates is not relevant to the wage of college graduates?

I’m going to need you to think a little on that one. I trust you’ll figure it out

 

[hog88]

Around $60k/yr at the time, so he was above average.

Living in Pulaski or Lee or Washington counties could certainly be affordable on $80-$100k. But how many jobs there actually pay that level? How many are open to hire at that level? What's it look like in places where there are jobs?

Like I said in my first post on this topic, it's not just about the home prices.

A family can live in parts of Montgomery County on $80-100K, Franklin County, Floyd and Craig. All within commuting distance to Roanoke and Blacksburg.

Between the wife and I we bought our first house in Hendersonville on about $60k in 1996, it wasn't a smart decision at the time considering daycare and everything else but turned out well.

 

[ButchPlz]

That is the most irrelevant point possible in response to my post. I'm doing great actually, I have this thing called concern for our future generations.

You are even seeing it in this thread- looking for reasons to put the blame back on younger people.

 

[ButchPlz]

A family can live in parts of Montgomery County on $80-100K, Franklin County, Floyd and Craig. All within commuting distance to Roanoke and Blacksburg.

Between the wife and I we bought our first house in Hendersonville on about $60k in 1996, it wasn't a smart decision at the time considering daycare and everything else but turned out well.

You'd need two incomes based on the average wage for the metro.

 

[hog88]

Oddly enough Gen Z is buying houses earlier than Millennials. Like 25% of 24 year olds already own homes. I don’t know why the average age has gone up so much

It's my daughters friend group but I don't think any of them own a house and it's because they don't want to be tied down.

 

[Ttucke11]

The supply of college graduates is not relevant to the wage of college graduates?

I’m going to need you to think a little on that one. I trust you’ll figure it out

I'm going to need you to make some sort of point for me to respond to you in the future.

 

[Vol8188]

I'm going to need you to make some sort of point for me to respond to you in the future.

I did. The supply of college graduates is greater today than in the 90s. So when you do a comparison on what a college graduates could afford in the 90s vs today, you have to factor that in because supply has a direct impact on wages.

You’re welcome

 

[hog88]

You'd need two incomes based on the average wage for the metro.

Again, "two incomes" means nothing. Talk in dollars and a family of four could own a decent home and live comfortably (yeah that is subjective) off $80-100K in the counties I listed.

 

[allstar34]

Gen Z is defiantly ‘giving up’ on ever owning a home and is spending more than saving, working less, and making risky investments, study shows

One line from the article stood out to me.

I mean it's been this way since 2018ish really.
If a Teen/Young Adult doesn't have a head start from a parental figure it's a hard journey to homeownership.


You move out, have to pay 1k a month rent, 400 groceries, 400 utilities, 400 car payment, and insurance etc etc... They are left with nothing to save for a future.
It's a repeating cycle of money in and money out.

 

[ButchPlz]

It's my daughters friend group but I don't think any of them own a house and it's because they don't want to be tied down.

Do you understand the point I've been making in that being "tied down" more likely than not means having half your income in the house alone? Nobody should want to be tied down like that. There's been about a 5% increase of salary going toward mortgage alone since the mid-90s, and that, again, doesn't cover the other costs of home ownership.

 

[volfanhill]

FBI warns Iran aspired to attack California with drones in retaliation for war: Alert

The warning came in a bulletin that was reviewed by ABC News.

abcnews.com

 

[BeardedVol]

I don't care how much weapons grade material they have any is too much. If they had a bomb they would use it, they have said it and proven it over and over. They are a death cult. It's pretty hard to reason with a suicide bomber.

You can't stop a country that has uranium deposits on their soil, from enriching it if they choose to do so; it's literally 80 year old technology at this point.

List of countries by uranium reserves - Wikipedia

en.wikipedia.org

If Iran wanted to create a dirty bomb, they could just get some cobalt-60 from a junked x-ray machines, drop it in a conventional warhead, and detonate it somewhere over Israel. Even if an interceptor took it out, it would spread cobalt-60 all over the blast zone.

Samut Prakan radiation accident - Wikipedia

en.wikipedia.org

 

[hog88]

Do you understand the point I've been making in that being "tied down" more likely than not means having half your income in a mortgage alone? Nobody should want to be tied down like that.

I'm sure that has a lot to do with it, they value life experiences (traveling) and flexibility to up and move more than buckling down and building equity. I understand perfectly what you mean. And I'm using a miniscule sample amount, not trying to paint the entire generation.