Comments by "Chris Nilsson" (@GenerationX1984) on "Why You'll Regret Buying A Home This Year" video.

Stagnant wages and rising inflation make it harder for millennials to afford homes than their boomer parents. Unless you're a rich millennial like Mark Zukerberg. Will Smith was right. Parents just don't understand.
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@IIDASHII That's why you never pay rent. Move in with a relative or find a place to squat. Since squatting is illegal for dumb reasons write a manifesto about why it shouldn't be and start the revolution!
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Especially in a sellers market. You just have to be patient and wait for a housing crisis to sell your home for much more than you bought it for. Now is an awesome time to sell a home but the people buying homes right now aren't very smart.
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I predict it will be a few years or so before a buyer's market really comes back.
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Silvia Erling is quite the busy spam bot.
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@edhcb9359 There are actually pros and cons to living in Canada. Poor and lower middle class Canadians now EARN more money than poor and lower middle income Americans. Sadly the wealth gap has gotten out of control in the United States vs. Most Other Developed Nations. Canada's housing costs sound about the same as the housing costs in most parts of the U.S. right now. Over 100K for a crap shack sounds about right. That's what I see every time I go on Zillow.
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An apartment isn't an investment. You don't own it and you can't sell it. The landlord owns it. Bad choice. He talks about how homeowners have regrets. You know what I regret? That one time I lived in an apartment and later had to move back in with my parents.
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It would be nice to be a wealthy homeowner. You could hire a maid, a butler, and a gardener to do most of the housework. Am I jealous of rich people? Kind of. Yeah.
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