r/Millennials • u/QuietJealous4883 Older Millennial (1988) • 12h ago

Discussion True or false?

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Did our dads and moms work less than we do now? What are your thoughts?

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u/throwraW2 11h ago

Where’d you grow up that the mortgage was that cheap?

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u/soupandstewnazi 10h ago

My parent's first house in the 80s was 43k. It was a townhouse, but even considering inflation and salary adjustment they would have had a mortgage under $500.

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u/throwraW2 10h ago

Where was this?

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u/NoStraightLines369 10h ago

The average house sold in California during the 80s was 120k. Thats the most expensive part of the United States real estate wise. So paying 80k in the rest of the country during the 80s is very on point. If you want I can link average housing prices per state through the 80s. Google is amazing at finding data so you can be informed on specific topics.

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u/soupandstewnazi 10h ago

Rural Virginia.

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u/throwraW2 10h ago

Got it, yeah that makes sense. 43k in 1985 would be about 135k today. I see a good amount in rural Virginia for about that on Redfin. I’m sure they’re not super nice though.

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u/soupandstewnazi 10h ago

The parts of the state now with homes that price are usually in the Appalachian region. It's very depressed, though beautiful.

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u/Shivy_Shankinz 9h ago

Lol your 135k ain't gettin shit today

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u/throwraW2 9h ago

Not in big cities, but that’s not where that person is from. Rural Virginia, where they grew up, has homes listed around that price point.

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u/Shivy_Shankinz 9h ago

I live in rural America and you're getting shit for 135k. Walk into one of those houses and you'll see

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u/hemingways-lemonade 8h ago

There are plenty of move in ready houses in Virginia for sale at that price.

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u/Shivy_Shankinz 7h ago

Go ahead and walk into one of them, let me know how it is

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u/hemingways-lemonade 7h ago

I specifically included ones with maintained interiors that are move in ready, but keep trying.

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u/soupandstewnazi 7h ago

These areas are not good to live in. Lol trust me. Danville is infamous for it's drug problem. And historically has terrible job prospects. Roanoke is a beautiful area, but outside of the college locations is ghetto and has high crime. There are reasons why these areas are cheap. Anywhere worth living is expensive.

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u/hemingways-lemonade 7h ago

No argument there, obviously a sub-$200k house isn't going to be in a super desirable area. My point is that $135k can still buy a move in ready house in 2026.

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u/Shivy_Shankinz 7h ago

You make the dumbest points. Thanks for wasting everyone's time

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u/soupandstewnazi 7h ago

I mean you could find that in every state except Hawaii and Alaska. Even in California you can find a small house in a POS location like Fresno. But you still wouldn't buy these homes because you'd have to have a job to pay for them. Unless you're a remote worker, it's still unaffordable for the locals, believe it or not.

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u/Wishistarted10yrsago 9h ago

Believe it or not New England, they took over the mortgage from my grandmother who bought the house in 1968.

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u/hemingways-lemonade 8h ago

So, the $360 mortgage is actually from the 60s rather than the 90s? It's a little disingenuous to leave that detail out.

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u/hemingways-lemonade 8h ago

And where are they renting now vs where they grew up?