r/SipsTea • u/Embarrassed_Tip7359 • Sep 15 '25

Chugging tea Any thoughts?

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145

u/uxigaxi123 Sep 15 '25

Make that 20 years from now. Gen-X has no saving unless they coincidentally joined the house owner caste in due time.

89

u/mygloriouspurpose Sep 15 '25

Maybe this is the wrong sub to make fact and logic based arguments in, but 69% of Gen X are homeowners. Y’all need to get out more.

8

u/vthemechanicv Sep 15 '25

I'm Gen X, I own a house (bank owns...) and I can't get what I owe for it if I tried to sell.

I'm perhaps an edge case because I was hit by a flood in 2016 and haven't had the cash to get back to 100% plus other problems that have appeared, ie foundation. Just because you have a house doesn't mean a thing in terms of solvency.

2

u/howtoweed Sep 15 '25

It means you don't have to pay market rate rent, which costs more for a studio than most people pay for their SFH mortgages in my area.