Not a day goes by that I don’t hear someone bitching about not being able to afford a home. They claim the economy is dogshit and that their crippling student debt, combined with high interest rates, has killed any chance of them ever purchasing property. Real sad face emoji-type stuff. But if home ownership is so difficult to achieve, how the heck did I successfully inherit three?
I think most Gen Zers and Millennials who don’t have homes only have themselves to blame. They waste their money on luxuries like rent instead of being fiscally responsible and using the money they inherit when their wealthy relatives croak on down payments.
Just the other day I overheard a bunch of college grads at a car wash bemoaning their economic reality, complaining about needing multiple precarious service jobs just to survive. I wish I had a chance to give them some real estate advice but they finished detailing my Land Rover pretty quickly and I was in a bit of a hurry.
Don’t get me wrong, I do acknowledge that there are real challenges when trying to secure your first home. I, for example, had an uphill battle to even get the keys to any of the three houses Gramps left me because my butthurt siblings who were cut out of the will took me to court. The anxiety I suffered during that unbearable two-week period of housing insecurity is something I’ll never let go.
At the end of the day, I think this generation should take a page from the bestselling book, “The Secret,” and start manifesting a positive mindset to achieve their housing dreams, including owning three palatial estates by the ocean, like me. And if that doesn’t work, there’s always insurance fraud. All it takes is a little “accidental” fall in the lobby of a five-star hotel and you could very well be on your way to finally owning your first property.