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real estate

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Millennials are frustrated with their Boomers parents about real estate.

Millennials trying to buy homes in today's economy are up against a rock and a hard place. Unlike for their Boomer parents, the dream of buying a home continues to feel further away.

According to the National Association of Realtors (NAR), Millennials "continue to be fenced out of home ownership." The organization reported that in 2024, the average age of first time home ownership rose to 38 years old, up from 35 years-old just the year before. "First-time buyers face high home prices, high mortgage interest rates and limited inventory, making them a decade older with significantly higher incomes than previous generations of buyers," Jessica Lautz, NAR deputy chief economist and vice president of research, said in a November 2024 press release.

Millennials are airing their frustrations amongst each other in the Reddit thread r/Millennials, sharing their stories and experiences with their Boomer parents—with many calling Boomers "out of touch."

@thejennifink

The disconnect with reality is real but I can’t stop bringing it up. #housingmarket #zillow #realestate #boomers #millennials #millennialsoftiktok #home

One Millennial wrote, "This topic is like hitting a dead horse, but I just needed to rant. Back story, I work out at a gym with people who are our parents age, and of the boomer generation. I overheard them saying, 'we bought our first home for $65,000. I’m sure kids these days are only paying $125,000 for that same house'. When they said that, I burst out laughing. How are they so out of touch? It drives me nuts."

Another Millennial replied, "Willful ignorance. Takes four seconds to go on Zillow and find out that’s bullsh*t 😆."

And another shared, "I'm not kidding... when I showed my dad actual data on itemized COL inflation, he said that 'the data just says that but that doesn't mean it's real'.... This is a guy that I would normally consider smart and with it. When it comes to these kinds of topics of societal degradation, he can't accept it. He is willfully ignorant to things being worse now for me than they were for him at my age."

@mel_owens

& invent a time machine. #boomer #homeowner #housingmarket #homebuying #comedy

Others explained how they attempted to explain to their Boomer parents how expensive homes currently are. Another shared, "Last Christmas, the sibs and I collectively managed to remember all the addresses we had lived in in our childhoods and Zillowed all of them to show our parents. All are still standing. All were built in the 70s. All are rural or suburban/small towns. Parents were astounded at what these 50+ year houses are going for today, especially compared to what they paid for them 30-40 years ago."

Millennials added their conversations with parents who got defensive. One wrote, "I legit just had this same conversation! They say 'complain when it’s 14% interest' excuse me, your house was 60k and dad was making 40, don’t piss on me and tell me it’s raining. That fancy 250k house is now like 600k…get a grip, average house is 438k."

Another shared, "My dad still gives me a hard time about renting, constantly tells me how I should invest in a house. I sat him down one day and opened up a mortgage calculator, showed him how with the current interest rates it just wasn't gonna happen- he seemed to get it. For a little bit anyways haha. I saw him last month and he told me again how rent is wasted money yadda yadda."

- YouTube www.youtube.com

How Millennials can have conducive home ownership talks with Boomer parents

Millennials can have healthy and productive conversations with their Boomer parents when discussions about buying a home become tense or uncomfortable, Aly Bullock, LMFT, a licensed marriage and family therapist with Paired, tells Upworthy.

Here are three things Millennials can say to their parents during these tough talks:

Phrase #1: "I understand that we have different views on this, and that's okay with me."

Bullock explains, "This acknowledges that you understand their POV and you are still willing to stick with your own opinion. It is a very gentle way of setting a boundary and letting them know you are comfortable having different opinions."

Phrase #2: "I would love to hear you out, and my request is that in return you respect my right to make a personal decision even if it does not align with what you've shared."

"Even when their kids are grown, parents still love the chance to influence their children," says Bullock. "This phrase lets your parents know that you would love to hear their opinion, you welcome it, AND reminds them gently that you are grown and they should offer you similar respect."

Phrase #3: "This conversation seems to keep causing tension between us, and I'd rather focus on something we have in common right now. Can we set it aside for a bit?"

According to Bullock, "This acknowledges the tension without placing blame. It gives the adult child an opportunity to stop the conversation before it deteriorates further, while emphasizing the positive pieces of the relationship."

Finally, she notes that it may take placing boundaries around these conversations. "Remember that you don't have to tell your parents everything. Some things are better left unsaid," says Bullock. "The truth is that parents change as they age and may or may not be able to cope well with generational differences or unmet expectations. Try to have compassion for them as you decide which things to keep to yourself in order to protect your own mental health."

Joy

People are donating thousands to a waiter who received a racist message instead of a tip

Things did not turn out well for the woman who wrote the racist message.

A woman wrote a disgusting note on her receipt at a Mexican restaurant.

Over 800 people donated money to show their support for Ricardo, a waiter who received a racist message instead of a tip on Sunday, March 2, at Cazuelas Mexican Cantina in Columbus, Ohio. After a photo of the receipt went viral, a GoFundMe campaign was started to recoup the tip. The story is an excellent example that for every person who does something wrong in this world, hundreds will try to make it right.

Ricardo was serving a woman who works as a real estate agent and after she received a bill for $87, she didn’t leave a tip, instead she left a racist message: “ZERO, YOU SUCK” on the line where tips are added. Below, the signature line read, “I HOPE TRUMP DEPORTS YOU!!!” Richardo is of Latino heritage, born in the United States.

"We were deeply disappointed by the offensive message left on a recent receipt, which goes against our values and the welcoming environment we strive to create,” Cazuelas Mexican Cantina said in a statement to ABC 6. “There is no place for hate in our restaurant.”

Cazuelas Mexican Cantina; a statement from the restaurantA statement from Cazuelas Mexican Cantina.via Google and Cazuelas Mexican Cantina

"It was a normal Sunday. Things got a little busy so that the wait could have been a little longer than usual, but we aren't really sure what made her write that,” Fabio Oribo, the head of marketing at Cazuelas, told The Colombus Dispatch. "From what I hear... she wasn’t happy about a coupon or something like that," Oribo told News 19. “It’s just not right, just not right.”

“He’s a really good person," Oribo said of Ricardo, who has two jobs and only comes into the restaurant on Sundays. "We all... come here every day to do our job, which is to serve people and have a good time... Thankfully, all the community has been really supportive."

The story went viral on Monday, March 3, after one of Ricardo’s coworkers posted about it on Facebook. “Y’all love our food but hate us. Shame on you, Stephanie, for not having the courage to say it with your chest,” she wrote in a post that has since been deleted.

The post, which had information identifying the 49-year-old woman, went viral, and her employer, Century 21 Real Estate, promptly fired her, and her profile page on its website was deleted. “We are aware of the situation with the agent in question. Hate has no place within the CENTURY 21 brand, and we are taking this very seriously," a spokesperson from CENTURY 21 Excellence Realty told PEOPLE in a statement. “After investigating the situation and connecting with the respective broker, as all companies affiliated with the CENTURY 21 brand are independently owned and operated, we can confirm that this agent is no longer affiliated with the brand.”

Anna Overman created a GoFundMe campaign so that Ricardo could be compensated for the missing tip, and the response has been overwhelming, earning $23,000 in just three days. The outpouring of love wonderfully shows that the number of good people in this world far outweighs the bad ones. Overman noted the irony of people leaving a racist message at the restaurant. “In case it's unclear: THESE PEOPLE WERE EATING AT A MEXICAN RESTAURANT,” she wrote on the campaign’s website.

A week after the incident, on Sunday, March 9, Cazuelas is hosting an event to celebrate Ricardo’s hard work and present him with a check for the funds raised for him.

Community

6 states where the minimum wage and cost of living offer the best bang for your buck

The highest state minimum wage in the U.S. is now $16.28 per hour, but some cities are even higher.

State minimum wages range from $7.25/hr to $17.00/hr in 2024.

Public discourse about minimum wage and living wages has been ongoing for years, with people debating whether the government should mandate a minimum hourly pay for workers. President Franklin D. Roosevelt signed the first federal minimum wage law in 1938, setting the lowest wage a worker could be paid at 25 cents per hour. Nearly a century later, the federal minimum wage is $7.25/hr, holding steady since 2009, with people lobbying to raise it to at least $15/hr for over a decade.

However, in addition to federal law, each state has its own laws, a handful of which establish a state minimum wage higher than $15, a handful of which don't have a set minimum wage at all and everything in between. Cost of living has also been a hot topic as inflation has squeezed everyone's wallets and certain cities and states have become utterly unaffordable, especially for people in low-wage jobs or who who are just starting out in their careers. So how do minimum wage and cost of living correlate state-by-state? Are there any sweet spots with a high(er) minimum wage and low(er) cost of living?

While there’s no perfect storm of super low cost of living and super high minimum wage—for instance, Washington, D.C. has the highest state minimum wage at $17/hr, but housing costs 140% more than the national average—there are some states where the ratio is far more favorable than others. According to Insider Monkey, here are the top six states where you can get the most bang for your minimum wage buck.

6. New Mexico

The Land of Enchantment offers a relatively decent living for its $12/hr minimum wage thanks to the state's below average cost of living. According to Rent Cafe, housing in New Mexico is 8% lower than the national average, monthly utilities are 9% lower, food is 4% lower, transportation is 3% lower and healthcare, goods and services are 2% lower.

According to Smart Asset, Albuquerque, New Mexico ranks as No. 10 in U.S. cities where minimum wage goes the furthest.

5. New Jersey

The Garden State's relatively higher-than-average cost of living is counteracted by relatively solid minimum wage of $14.13/hr. Most of the cost of living in New Jersey is wrapped up in housing, which is 30% higher than the national average, according to Rent Cafe, and utilities, which are 12% higher. Goods and services are 5% higher, but healthcare is 2% lower than the national average. Food and transportation are 1% and 2% higher, respectively.

4. Connecticut

With both a cost of living and minimum wage slightly higher than New Jersey, Connecticut rolls in at No. 4 with a $15/hr minimum wage. Where the Constitution State hits hardest is in utilities, which Rent Cafe places at 30% higher than the national average, and housing, which is 24% higher. Healthcare and goods and services are both 9% higher, while transportation and food are just 1% and 2% above average.

3. Missouri

The Show-Me State says, "Show me the money!" with its somewhat respectable $12/hr minimum wage, which goes pretty far with its relatively low cost of living. Housing is the biggest cost benefit Missouri offers at 18% lower than the national average. But utilities, food, healthcare, and goods and services are also all below average, with only transportation landing right at the national average.

Additionally, St. Louis clocked in at No. 5 for a minimum wage real-world value of $13.68 when adjusting for the city's lower-than-average cost of living.

2. Washington

With the highest state minimum wage in the nation (unless you count Washington, D.C.), Washington's $16.48/hr puts it in second place when accounting for cost of living. Make no mistake, Washington isn't cheap overall, with a cost of living 15% higher than the national average. Housing and transportation hit hard at 29% and 27% higher than the national average, respectively. Healthcare is pricey as well at 20% higher than average. Food costs 12% more, but utilities clock in at 7% less than the national average.

Two cities in Washington hit the top 15 for highest real minimum wage value, though, with Seattle at No. 13 and Spokane at No. 2.

map of united states with these states highlighted in green: Washington, New Mexico, Missouri, Illinois, New Jersey and Connecticut

These six states offer the best minimum wage to cost of living ratio.

Created with mapchart.net

1. Illinois

If you want the best bang for your minimum wage buck, head to the Prairie State with its $13/hr minimum wage and 8% lower than average cost of living. Housing in Illinois is 22% lower than average and utilities are 10% lower. The only expense that comes in higher than average for Illinois is transportation at 3% above average, which isn't enough to keep it out of the top spot.

However, there are some minimum wage sweet spots in certain U.S. cities that aren't reflected in these state rankings. According to Smart Asset, Denver, CO, is the city where minimum wage goes the farthest in the nation. Colorado comes in at a respectable 7th place in state minimum-wage-to-cost-of-living ratio, but Denver has its own mandatory minimum wage of $18.29/hr.

A citywide minimum wage is part of what puts Seattle at the No. 13 spot on that same list. Seattle is one of the most expensive cities in the U.S., but its $19.97 minimum wage for most workers changes the ratio in its favor.

Other cities in the top 10 include Buffalo, NY; Minneapolis, MN; Tucson, AZ; St. Paul, MN; Phoenix, AZ and Stockton, CA.

The minimum wage conversation may vary widely across the U.S., with different costs of living and different state laws on the books. But if you're looking to move someplace where your wage will go the furthest, these six states will likely be your best bet to check out first.


This article originally appeared last year.

Here's what to look out for when looking at homes to buy.

Buying a home is one of the most significant decisions a person will make in life, both personally and financially. So many considerations go into choosing a home to buy, from cost to location to style to how much needs to be fixed. It can be overwhelming to take all the different variables into account, and it's easy to overlook things that might be bigger issues than you might think when you fall in love with certain aspects of a house.

Reddit user EveryBuddyUp asked the AskReddit forum, "When buying a house, what's something you thought was minor but has become the bane of your existence?" Homeowners took the opportunity to share their unanticipated woes, and it's a collection of cautionary tales that might help prospective home buyers avoid pitfalls they wouldn't have anticipated.


Finding tradespeople to do repair jobs, especially "minor" ones

"Finding good people to do small jobs. The reputable companies don’t like to waste time on small jobs, so it’s usually pick someone off of the internet and hope they don’t make it worse or DIY." Guineacabra

"Finding contractors for minor repair jobs. I had a chimney leak and called 4 companies, 3 of them didn’t want the job since it was a 300-500 dollar repair, the 4th set up an appointment with me but never showed up. It took me over 4 months to find someone."Specialist_Salt_7916

someone using a drill

Might want to learn to DIY if you own a home.

Photo by Theme Photos on Unsplash

"Tried calling every roofing company in town to fix a leaky roof vent. Half a year of buckets later I climbed up with a bunch of tar and fixed it myself." FindsNames

"Even the companies that advertise "no job too small" won't do small jobs. It is so difficult to find someone decent, even if you're willing to pay good money."DateCard

"This. One of my windows broke, like literally falling out of the wall. Called everyone I could think of for weeks basically begging someone to come and fix this. They’d either not get back to me or ghost the repair time. Eventually I convinced some repair company to come over to fix this one window if I agreed to some up sale thing where in addition to repairing that window they’d inspect every other window to ensure there wasn’t damage there too. I ended up agreeing because I was at my wits end and I was paying nearly just as much each month in increased heat bills." quilles

Cellular and internet dead zones—and not just in the middle of nowhere

"Check cell coverage and find out about the ISP." – elSpanielo

"The town I live in has HORRIBLE cell reception. Luckily my ISP is great and has excellent service, so I just connect to the wifi. Worst part is that I don't live in the middle of nowhere- I'm in a suburb of a massive city, so I don't understand why the service is so shitty." gonorrheagoomah

"I live in a major US city. About a mile from downtown. Half my house is a dead zone..."ZoraTheDucky

"This! We forgot to check cell coverage when we were buying our house and the entire place is a dead zone. It’s absolutely infuriating years later to have to go outside and down the driveway to get a cell signal."miamental

"This!!! Zero cell in our house and one WiFi won’t even cross two rooms. Our house isn’t big. It’s 130 years old and has cobblestone between some walls. Then we found out that internet was often down here when we moved in. So I pay for two different service providers for two sets of WiFi and we still don’t have complete coverage."Pitiful-Sprinkles933

Bamboo (and other impossible-to-get-rid-of plant species)

"Bamboo. Someone before me planted super invasive, 15 foot tall growing bamboo in the backyard. It was spreading so wildly it was uplifting the granite pool and growing under the foundation of the house. You could see the remnants of a “barrier” of sorts of where they initially planted it, obviously not knowing how bamboo grows. I myself did not know, until I purchased the house. Absolute nightmare." – abbs_twothou

"The best way to get rid of bamboo is to move." – im_a_mighty_pirate

bamboo stalks

Bamboo might look cool, but it's a nightmare.

Photo by zoo monkey on Unsplash

"A guy once said to me that bamboo is like a cold slow fire that is alive. If you don’t keep it in check it it will destroy everything." – Tobyghisa

"It's worse than that - it's impossible to keep it in check. You have to remove a completely, and I completely I mean every scrap of root. After I yanked out mine I was still digging out new sprouts for the next 6 months. Oftentimes the new plant was growing from literally an inch and a half of root that I had missed. Think of every tiny piece of root as a new seed." – weluckyfew

"Growing up, there was a house with bamboo growing in the back yard. It took over the yard and the owner gave up. It began growing into the neighbors' yards and down the hill behind the house. Took a professional team most of a summer to get it all." – theothermeisnothere

Nightmare neighbors

"There’s a path behind my kitchen window that separates the garden from the house. The path runs behind all the houses on the street and everybody (residents) has access. I wouldn’t mind this but our neighbours on each side are best friends and so they stand on the path directly outside our kitchen window when they chat." – Dabbles-In-Irony

"I bought a flat. The neighbours immediately below us smoke. A lot. All the time. They smoke so much that you can smell it when you open the kitchen cupboards under and next to the sink because the scent creeps up through the holes around the pipework. Can't open the windows in the summer because as soon as they cough themselves awake in the morning the stench of cigarettes starts drifting up through them and fills out home. They smoke in every room, and in the bedrooms till after midnight every day. I'm an ex smoker and I'm still finding it disgusting." – butwhatsmyname

"Are you me?? We had this same issue, but with neighbours below us smoking weed. The smell would come up through our bathroom fans, so we'd wake up with a flat smelling like skunk. We could only have our windows and screen doors opened up for short periods of time until they were out smoking again. It was the worst." – pplluuvviiophile

"We moved in without knowing we had the neighbors from hell. They seemed nice enough at first, but it's become a major nightmare." – katttdizzle

Badly placed rooms and appliances

"Never buy a house where the kitchen, laundry, or living room wall is shared with the master bedroom if you are a light sleeper." – SocialRevenge

"We live in a 100-year-old house with a huge, open basement. Our washer and dryer are in our basement. For some stupid reason, known only to them, the previous owners installed the washing machine and and dryer on opposite sides of the basement, instead of side-by-side the way normal people would have done. I bought one of those professional chrome laundry carts that the laundromats use to shuttle loads across the basement between machines. Eventually, I plan to rewire the place and relocate the dryer next to the washing machine." – JasperDyne

"My number one disqualification when house hunting was no toilet on the same floor as the master bedroom. You do not want to climb stairs when you have to pee in the middle of the night. If you're reading this and saying, "I don't get up to pee most nights," I am in my late 30s and here to warn you that you will." – Blenderhead36

"Single bathroom. I had underestimated the amount of time my husband just SITS on the toilet." – NoeTellusom

\u200bWhite blinds on a window

Window blinds can cost a pretty penny.

Photo by Mike Cox on Unsplash

Window coverings cost more than you'd think

"Window treatments or curtains. The guy before me broke up with his his girlfriend. She moved out and took all the curtains out of spite. I didn’t think it was a big g deal until I priced out new ones." – asdfg27

"So true. It’s a massive racket. Even the mail order DIY stuff is expensive now. Expect $150 per window and up - WAY up! And you rarely can take it with you to the next house - the windows will be different sized, the color scheme won’t work…" – lanky_planky

"We moved into a new house with 11 windows per floor. Even getting relatively cheap window treatments (but not aluminum blinds), we were out every bit of $2k." – max_power1000

Swimming pools can also cost a small fortune to upkeep

"Swimming pool. So much work & money to maintain. Maybe gets used a dozen times a year." – KungPowKitten

"I've done pools for 4 years and openings and closings alone are hundreds of dollars. Weekly maintenances are ~100 each." – IrishRepoMan

"For the money you invest in an outdoor pool, you can probably join a nice country club or take a really kick ass tropical vacation every year." – rawonionbreath

A few final bits of cautionary wisdom from the thread were to 1) Make sure you check out the neighborhood and the neighbors as thoroughly as possible, at all hours of the day and night. 2) Use your own inspector instead of the one the realtor recommends. And 3) Anything that's unique, interesting or large in a home will require extra maintenance, so be prepared.

Happy house hunting!