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re: Great YT video "How the US Is Destroying Young People’s Future"

Posted on 5/7/24 at 3:36 pm to
Posted by poochie
Houma, la
Member since Apr 2007
6349 posts
Posted on 5/7/24 at 3:36 pm to
here's another one. googled "best places for young people". found an article stating Durham, NC becasue"

1. Durham, N.C.
Grade: A
Why it is great for millennials*: The number of available jobs in Durham is almost three times higher than the average of the cities analyzed. At the same time, the cost of living is 6 percent lower than the national average, and it ranked in the top 15 for ease of commute. Durham is also in the top five for the number of other young people (ages 20 to 29) living there.


now, this article was from 2017 so i googled it again and Raleigh/Durham is 11 so still pretty good. Say you wanted to live here but you need a "starter home". Again, it's going to be tough getting a lower priced house in Durham for our proposed budget of $200k. But if you are willing to spread your search out, it's listed as a 1/1 for but has 3 or 4 bedrooms per the description and photos. $185k in Oxford, NC, 32 min from Durham city center, nice piece of land.

Can't wait for the excuses on this one...

203 Peace St, Oxcord, NC

Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
53010 posts
Posted on 5/7/24 at 3:50 pm to
quote:

Oxford, NC


Seems like crime is pretty high there and whites are 34% of the population.

21% poverty rate

And you're still paying $185k for a fixer upper. The median household income in Durham is only $78,105.

quote:

This property has a lot of character and has lots of potential for it's new owner.


Looks like some flipper bought it and added some nice cosmetics and is trying to unload it.
Posted by BRbornandraised
Baton Rouge, LA
Member since Jun 2013
541 posts
Posted on 5/7/24 at 3:56 pm to
Congratulations, you found a 1 bedroom, 1 bath house where the attic was turned into rooms but cant be classified as bedrooms because of no closets. Good thing its in a school district where the schools are on par with McKinley High. Also way to put people right in the middle of a high crime area ya goomba.

According to recent studies, its violent crime rate is nearly double that of the US average at 49.1 compared to 22.7. Property crime in Oxford is also well above the US average at 84.2 compared to 35.4, making it an unsafe place to live for many people. Source


Why not look at the averages instead of finding the outlier? Average 1st time home purchase in the US last summer was $243k Source. Average 1st time homebuyer household income was $107k this past fall Source.

If you adjust for inflation, the median income of Americans has only increased by about 45% from 1967. The median house sale price, however, has increased by 104%.

I am unsure why its hard for boomers in here to grasp that wages have not increased with the cost of living. Your obstinance to this is part of the reason people hate boomers.
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