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  1. #1
    Enemy of ignorance lucious's Avatar
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    any mid 20s brahs still renting a place? (feels batman)

    I have a B.sc Hons, but theres chit all jobs for just an undergrad in my industry, so need to go back for a Phd.

    Unfortunately that means I cant work full-time and save up for a deposit on a house, need to rent and live near the poverty line on a stipend. Other kunts are getting married and buying houses at my age (24) and I'm still renting a place. Granted, none of them have Phd's and work loser tradie jobs or cubicle hellholes, but stilll...............
    Nov 04-fatass @40%bf

    Jan 06- buff(apparently) @ ermm i dunno, still have a gut though,

    long term goal= jacked @ 7% bf, get the damn abs to show themselves
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  2. #2
    Drill Team Dec4y's Avatar
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    Owning isn't what it used to be. I bought 1st home only 3 years ago at 31, don't sweat it. The crap you have to go through to get a loan these days is idiotic too.
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  3. #3
    Registered User tensortrucks00's Avatar
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    **** im 24 in a couple months and still living at home
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  4. #4
    Banned povertybrah's Avatar
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    yes, sucks......paying down debt and saving up for a huge downpayment
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  5. #5
    Genius With A Headache AceOfJacks's Avatar
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    just turned 20 and renting a house.

    i dont mind it
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  6. #6
    Banned McPeePants1's Avatar
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    Originally Posted by Dec4y View Post
    Owning isn't what it used to be. I bought 1st home only 3 years ago at 31, don't sweat it. The crap you have to go through to get a loan these days is idiotic too.
    Bought a house 10 months ago..getting a loan was simple.

    Originally Posted by lucious View Post
    I have a B.sc Hons, but theres chit all jobs for just an undergrad in my industry, so need to go back for a Phd.

    Unfortunately that means I cant work full-time and save up for a deposit on a house, need to rent and live near the poverty line on a stipend. Other kunts are getting married and buying houses at my age (24) and I'm still renting a place. Granted, none of them have Phd's and work loser tradie jobs or cubicle hellholes, but stilll...............
    And neither do you....
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  7. #7
    Registered User Impudent's Avatar
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    why would you buy a house before you're married? hell, why buy a house before you even have kids?

    save your money and live a simple life, buying a house = you've settled down in life and can't move around anymore
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  8. #8
    Gurkha Genetics ArunBaral's Avatar
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    Im 25 and Im not sure if I'll buy a house in the next 10 years. I'd rather travel from city to city and rent apartments.

    dat dere freedom
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  9. #9
    Man out of Time The_Albatross's Avatar
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    mid 20s here, I have no intention of buying a house for at least a decade. What the **** am I going to do with a house right now? Lol at marriage or kids tying me down, get bent.
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  10. #10
    Misc. OTO-HNS consult Dr. Horse's Avatar
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    <---33, renting


    notasinglefukwasgiven.org
    No sir, I don't like it.
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  11. #11
    Drill Team Dec4y's Avatar
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    Originally Posted by McPeePants1 View Post
    Bought a house 10 months ago..getting a loan was simple.
    I have 800+ credit and gross more than the home price. I can't believe the crap I had to send in as proof. Part of it was because I'm not paid hourly like most people, and partnecausei bought soon after the crash. It may be a bit easier ordeal nowadays.
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  12. #12
    Enemy of ignorance lucious's Avatar
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    Originally Posted by The_Albatross View Post
    mid 20s here, I have no intention of buying a house for at least a decade. What the **** am I going to do with a house right now? Lol at marriage or kids tying me down, get bent.
    I know tons of people who got married and bought a house at 21-22, already paying off mortgages.

    i kinda feel like a loser for renting still.
    Nov 04-fatass @40%bf

    Jan 06- buff(apparently) @ ermm i dunno, still have a gut though,

    long term goal= jacked @ 7% bf, get the damn abs to show themselves
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  13. #13
    ⊙▂⊙ cyde's Avatar
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    Originally Posted by Dec4y View Post
    Owning isn't what it used to be. I bought 1st home only 3 years ago at 31, don't sweat it. The crap you have to go through to get a loan these days is idiotic too.
    This. I almost lost my house twice because of these banks dicking me around and the sellers growing impatient. I had to file everything short of stool samples to get approved after many delays. Even put down 30% and above the required income, but couldn't get approved because of a technicality and had my earning power cut in half on paper.

    Originally Posted by MasonSS View Post
    I just haven't been convinced of the benefits of buying yet. Not that I don't plan to, I just don't see a massive rush. I've seen quality arguments for both sides
    If you decide to stay here for a while, luckily housing is very affordable in Texas. Very satisfied with the price I paid for an 1800 sf house in Austin.
    Last edited by cyde; 06-18-2012 at 09:49 PM.
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  14. #14
    LOL :) WarChant's Avatar
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    I'm planning on going back to school full-time, possibly in another state, so buying now would be a done goof move for me.
    Like a boss.
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  15. #15
    Man out of Time The_Albatross's Avatar
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    Originally Posted by lucious View Post
    I know tons of people who got married and bought a house at 21-22, already paying off mortgages.

    i kinda feel like a loser for renting still.
    No, you're a loser because you give a **** what other people are doing and are holding yourself to some non-existent standards of progress that you are wasting your life attempting to achieve and give a **** about. Holy christ, you must be a miserable sob.
    Remember, no Russian.
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  16. #16
    Registered User Deltrap's Avatar
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    I see no reason for me to own a home when I can rent and be able to roam free at a cheap price. Given I live in So Cal where houses are 400k. If it's some other part of the US where it's less than 100k, then buying is better.
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  17. #17
    Registered User deaman's Avatar
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    A more reasonable question is what mid 20s brash AREN'T renting a place. Srs...very few guys I know this age own their own place. I know more brahs living at their parents than who own their own place at this stage in life.
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  18. #18
    Registered User coppb's Avatar
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    Originally Posted by lucious View Post
    I have a B.sc Hons, but theres chit all jobs for just an undergrad in my industry, so need to go back for a Phd.

    Unfortunately that means I cant work full-time and save up for a deposit on a house, need to rent and live near the poverty line on a stipend. Other kunts are getting married and buying houses at my age (24) and I'm still renting a place. Granted, none of them have Phd's and work loser tradie jobs or cubicle hellholes, but stilll...............
    Tradies in Australia now are making 150k+....not a bad wicket after 4 years of apprenticeship wage. And they line their pockets with cash jobs all the time...
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  19. #19
    Enemy of ignorance lucious's Avatar
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    Originally Posted by The_Albatross View Post
    No, you're a loser because you give a **** what other people are doing and are holding yourself to some non-existent standards of progress that you are wasting your life attempting to achieve and give a **** about. Holy christ, you must be a miserable sob.

    oh wow, thanks for the reality check there "bro"

    I hear rustling.
    Nov 04-fatass @40%bf

    Jan 06- buff(apparently) @ ermm i dunno, still have a gut though,

    long term goal= jacked @ 7% bf, get the damn abs to show themselves
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  20. #20
    Enemy of ignorance lucious's Avatar
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    Originally Posted by deaman View Post
    A more reasonable question is what mid 20s brash AREN'T renting a place. Srs...very few guys I know this age own their own place. I know more brahs living at their parents than who own their own place at this stage in life.
    Living with your parents at 25 or over is utterly pathetic, srsly. No excuses.
    Nov 04-fatass @40%bf

    Jan 06- buff(apparently) @ ermm i dunno, still have a gut though,

    long term goal= jacked @ 7% bf, get the damn abs to show themselves
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  21. #21
    Brotege SouthPaw06's Avatar
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    yeah still renting at 24; brb just landed a good new job. hopefully by this time next year(when my current lease is up) i will have enough saved to buy a place. no more roommates would be awesome
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  22. #22
    Registered User Oz_Dude's Avatar
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    Purchased a debt (house) 3 years ago im 26 now and bout to sell it. Honestly mate your going to do what you want anyway but its highly over rated these days especially at this age. Just to give you an idea of how much of a rip off it is i roughly pay $19000 Aus a year in interest and $3000 of the principle a year on a small loan. You are better of renting cheaper and saving a MASSIVE deposit then buy a house and pay a **** load less interest. Once you crunch the numbers (and do it honestly dont kid yourself) you will see how bull**** the process is. Dont get me wrong id love to own a house but im going to wait till im in a MUCH better position in life where i can COMFORTABLY afford it. In the mean time im going to travel more and enjoy life while im still young.
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  23. #23
    Registered User Oz_Dude's Avatar
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    Originally Posted by coppb View Post
    Tradies in Australia now are making 150k+....not a bad wicket after 4 years of apprenticeship wage. And they line their pockets with cash jobs all the time...
    Your kidding me right? i know plenty of tradies and in the mines that dont make anywhere near that. Unless your talking about under water welding on oil rigs or something...
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  24. #24
    Registered User coppb's Avatar
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    Originally Posted by Oz_Dude View Post
    Your kidding me right? i know plenty of tradies and in the mines that dont make anywhere near that. Unless your talking about under water welding on oil rigs or something...
    No true story. Got a friend who is an electrician just runs his own business and makes a fortune and 2 mates a carpenters for spec builders and they clean up 120k base + overtime.

    And a friend who is a plumber 120k base + OT as well.
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  25. #25
    Keeps the Misc Classy... Grug's Avatar
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    I'm 26 and renting, and will be for quite some time to come. Doesn't really bother me. Maintaining consistent cash flow for my business is hard enough without a mortgage to have to worry about.

    I'd love to buy a place, ideally an old warehouse that I could convert into a working studio with a small apartment above it (so that hiring out the studio would help pay the place off), but that's a long ways off at the moment. I need more money to get into that sort of position and it makes far more sense to invest what I earn back into my business than it does to invest it into a house - the returns are far higher.
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  26. #26
    Registered User Oz_Dude's Avatar
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    Originally Posted by coppb View Post
    No true story. Got a friend who is an electrician just runs his own business and makes a fortune and 2 mates a carpenters for spec builders and they clean up 120k base + overtime.

    And a friend who is a plumber 120k base + OT as well.
    Well they are the best ive ever heard someone do out of a trade the building company i was working for was paying there chippies $23 an hour no holiday pay. The sparkies prolly have it the best but still thats a lot more money than ive ever heard of one getting and i know afew.
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  27. #27
    Registered User Oz_Dude's Avatar
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    Oz_Dude is offline
    Originally Posted by Grug View Post
    I'm 26 and renting, and will be for quite some time to come. Doesn't really bother me. Maintaining consistent cash flow for my business is hard enough without a mortgage to have to worry about.

    I'd love to buy a place, ideally an old warehouse that I could convert into a working studio with a small apartment above it (so that hiring out the studio would help pay the place off), but that's a long ways off at the moment. I need more money to get into that sort of position and it makes far more sense to invest what I earn back into my business than it does to invest it into a house - the returns are far higher.
    Whats your business
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  28. #28
    Registered User dirtbikeguy's Avatar
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    dirtbikeguy is offline
    1 why get married so young?
    2 why does it matter where you live?
    3 why did you move out of your parents place?
    4 why are you comparing yourself to others in the rat race?

    family friend who created a multi billion dollar company tells me, "dont buy a house or move out till you can pay cash for what you want"

    poor miscer says "you're an idiot" this miscer probably makes 70k a year tops in his life

    who would you trust when it comes to money?

    i think ill trust the man with the 20 million dollar home who retired in his early 50s...
    Last edited by dirtbikeguy; 06-18-2012 at 10:40 PM.
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  29. #29
    Registered User Kruul's Avatar
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    Same bro in your boat, recently moved as well so no savings.
    Life is tough I dont even drink (havent all year)
    Paying for studies/car/rent and groceries is what kills me
    also on $1500aud a week
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  30. #30
    Banned DrHughMyronBro's Avatar
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    Why would you want to own a home in your mid 20s? I would much rather be able to pick up and move at any time and not have any financial constraints.
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