By What Age Should Someone Own/Have Bought a House?

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Lanolin

Well-known member
Dec 15, 2018
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The house comes with the trees....
Just like I bought two cats and the house came with them.
really I thought the Israelites would be bulidng their own or living in the ones the Canaanites built whom they chased out

in war time it sems they destroyed a lot of homes so thats what they had to do, build their own from scratch.
 

cv5

Well-known member
Nov 20, 2018
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Why on earth would I have any interest in "trumping" you? This is a forum thread, not a contest.

Even if it was a contest, I would walk away. Conspiracy theorists elevate confirmation bias to such heights that a mere mortal such as I could never hope to break through with simple common sense.
My sources are of impeccable credulity. It is you that is holding an empty bag of nothing but hot air.

Oh.....here is your homework buddy:

One other thing: you might want to read up on the COMER lawsuit and Bank of Canada Act.
And how ALL Canadians got swindled thereby.
 

Lynx

Folksy yet erudite
Aug 13, 2014
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My sources are of impeccable credulity. It is you that is holding an empty bag of nothing but hot air.
Dude. I already said you win. You can stop insulting now.

Well... I obliquely said it. Maybe I should have said it plainly.

You win man. I have retreated. The field is yours.
 

cv5

Well-known member
Nov 20, 2018
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Dude. I already said you win. You can stop insulting now.

Well... I obliquely said it. Maybe I should have said it plainly.

You win man. I have retreated. The field is yours.
My interests are concerned with the practice of INFORMING more than so-called "winning".

Tell me why YOUR KIDS are $$$paying$$$ for the effort made to kill 250,000 pitiful hapless Ukrainians and cover up (as well as facilitate) the crimes, money laundering, bio-labs, armaments black market, and human trafficking going on there?

Well......they shouldn't have to. They are just little kids for pity's sake. And they cannot resist nor beg that the exploitation should stop?
 

Lynx

Folksy yet erudite
Aug 13, 2014
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Tell me why YOUR KIDS are $$$paying$$$ for the effort made to kill 250,000 pitiful hapless Ukrainians and cover up (as well as facilitate) the crimes, money laundering, bio-labs, armaments black market, and human trafficking going on there?
If my kids are doing that, I have other, more pressing questions. 'Cause I don't have any kids.
 

cv5

Well-known member
Nov 20, 2018
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If my kids are doing that, I have other, more pressing questions. 'Cause I don't have any kids.
OK buddy. Think about your family if you have any. Your neighbors even.
This system is shot.

The ONLY just resolution will be at the time of the Return of the Lord Jesus.
These kings and great men have NO IDEA of what is in store for them, so at least there is that.
 

Sculpt

Well-known member
Apr 18, 2021
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"“Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!”
-Andrew Jackson.

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”


The Bank of the United States is one of the most deadly hostilities existing, against the principles and form of our Constitution. An institution like this, penetrating by its branches every part of the Union, acting by command and in phalanx, may, in a critical moment, upset the government. I deem no government safe which is under the vassalage of any self-constituted authorities, or any other authority than that of the nation, or its regular functionaries. What an obstruction could not this bank of the United States, with all its branch banks, be in time of war! It might dictate to us the peace we should accept, or withdraw its aids. Ought we then to give further growth to an institution so powerful, so hostile?”
–Thomas Jefferson to Albert Gallatin, 1803. ME 10:437
Maybe you can help me understand on this... these two seem to be contradicting...

The first is Jefferson doesn't want private banks to control the issue of their currency. The second he's saying he doesn't want a national "Bank of the United States"; unless I'm misunderstanding them.

If not private bank, and not a national bank, what does he want? Does he want precious metal coins with no insignia as the only form of currency? And does he want no banks whatsoever, so no lending whatsoever?

Thanks in advance
 

cv5

Well-known member
Nov 20, 2018
22,900
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Maybe you can help me understand on this... these two seem to be contradicting...

The first is Jefferson doesn't want private banks to control the issue of their currency. The second he's saying he doesn't want a national "Bank of the United States"; unless I'm misunderstanding them.

If not private bank, and not a national bank, what does he want? Does he want precious metal coins with no insignia as the only form of currency? And does he want no banks whatsoever, so no lending whatsoever?

Thanks in advance
The "Bank of the United States" was a private bank. As is the Federal Reserve bank of today.
 

cv5

Well-known member
Nov 20, 2018
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Looks like the bankster quants are looking at the ominous charts and desperately need to paint the tape before the monthly/quarterly close.
BTW.....a quarterly close north of $1980 is required. Looks like the bankster scam went poof.

 

cv5

Well-known member
Nov 20, 2018
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Ah thanks, that clears it up a lot.

I was beginning to wonder what kind of place Canada is, from the description you gave it. I was starting to get a bit concerned for my friends in Canada.

But this post, and subsequent ones like it, make it clear you are a hard-core conspiracy theorist, so I can discount about 93% of what you say about how bad it is up there.
Here is "what kind of place Canada is"......an utterly corrupt banana republic. Horrific.

 

Lynx

Folksy yet erudite
Aug 13, 2014
27,278
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OK buddy. Think about your family if you have any. Your neighbors even.
Now THAT... Would be no fun. If I did that I couldn't ask you simplistic questions and see how far you'll go before you give up.
 
Aug 2, 2009
24,644
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I have owned in the past, but for the stage of life I'm in, I think that renting is working better for my needs (and the needs of my family.)

But there will always be people telling me I'm throwing money away by renting. I understand that, and if I had the option of knowing I'd be in the same place for 50 years and found an affordable place to buy, I would definitely consider it.

I'm happy for everyone who has or is buying a home and it's worked out well for them.

But I want to thank everyone for making these posts that are assuring me that I am doing the best I can with what I have.

One thing I'm thankful for with renting is that I don't have any institutions breathing down my neck with a large, looming number that I will owe them for the rest of my life, and they can't take anything away from me.

Sure, I realize that landlords can make places completely unaffordable by raising rent, but with so many people having to rent now, I would hope that this would at least keep the rates somewhat competitive.


It's a funny thing that this whole discussion has never answered the original question -- what age should a person be expected to have bought or own a house?


I wonder if reading these replies will change anyone's perceptions of being stressed out by not owning a home by a certain age, or develop a more lenient attitude of when someone should own a home or even their own place when considering a potential date, etc.

As a single woman, I have a good grasp on how expensive things are (especially from living in different places,) and I myself don't expect a potential date or spouse to own a home, or to even have his own place (unless it's out of sheer lack of responsibility or willingness to work, etc.)

Most singles I know can't afford their own places and live with family members to cut costs and/or provide necessary care. It's great if someone can afford their own place, but I think it's pretty rare. (If I'm wrong, feel free to state your own experiences/observations.)

I hope the answers in this thread have let some people out there know that not owning a home is perfectly understandable in today's conditions, and will feel a little less stressed about living up to social expectations.
Since you have to keep moving, owning a home wouldn't really make sense. I kind of feel bad that you have to keep moving. I think in an ideal world, 30 would be a good target age for owning a home.
 

MsMediator

Well-known member
Mar 8, 2022
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Since you have to keep moving, owning a home wouldn't really make sense. I kind of feel bad that you have to keep moving. I think in an ideal world, 30 would be a good target age for owning a home.
Yes, in an ideal world a young couple should be able to afford a home. I think a lot has changed in the last 10-15 or so years, in terms of how expensive homes have become. I had many high school friends/acquaintances who got married almost straight after college (early 20s) and bought standalone homes (like the smaller King of the Hill type homes). Even on the show King of the Hill, none of the characters are highly educated or highly paid. I don't think any of them went to college.
 

Lanolin

Well-known member
Dec 15, 2018
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It depends on where you want to live and if there are any housing new developments in your area. I think if you want to own your own home in my town you mostly cant as there arent any available that are affrordable, but somewhere else in the country you could but the catch is you would need a steady income to finance that home. So the jobs might be close to where you want to live.

I think its a bit crazy to have a job in which you need to take a 40 minute or more commute EVERYDAY. Maybe some people could do it but I couldnt, in order to say they own their own home. Well you dont really you just earn the right to be able to sleep somewhere away from work.
 

Lanolin

Well-known member
Dec 15, 2018
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If you do buy into cheap housing its going to have a lot of problems later though ..eg leaky buildings, repairs, unsteady foundations, mould and mildew, cost of painting the house and roofing. Some are quickly built and not even last five years as they seem to be made out of cardboard!

If you want to buy a dump and then do it up it may become a money pit for you just like buying a boat. Then you become a slave to the house....thats what a lot of people say its like. Its ok if you LOVE living there but be aware of what you are taking on.

some people are more like snails and have houses on their backs.
 

Sculpt

Well-known member
Apr 18, 2021
1,138
362
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The "Bank of the United States" was a private bank. As is the Federal Reserve bank of today.
Ok, the 'Bank of the United States' was a private bank; got it. Thank you for that. My main question was:

1. So what does Jefferson want regarding the currency of the US; what's his solution?

2. What does Jefferson want regarding lending; what's his solution?

.
 

Sculpt

Well-known member
Apr 18, 2021
1,138
362
83
I have owned in the past, but for the stage of life I'm in, I think that renting is working better for my needs (and the needs of my family.)

But there will always be people telling me I'm throwing money away by renting. I understand that, and if I had the option of knowing I'd be in the same place for 50 years and found an affordable place to buy, I would definitely consider it.

I'm happy for everyone who has or is buying a home and it's worked out well for them.

But I want to thank everyone for making these posts that are assuring me that I am doing the best I can with what I have.

One thing I'm thankful for with renting is that I don't have any institutions breathing down my neck with a large, looming number that I will owe them for the rest of my life, and they can't take anything away from me.

Sure, I realize that landlords can make places completely unaffordable by raising rent, but with so many people having to rent now, I would hope that this would at least keep the rates somewhat competitive.


It's a funny thing that this whole discussion has never answered the original question -- what age should a person be expected to have bought or own a house?


I wonder if reading these replies will change anyone's perceptions of being stressed out by not owning a home by a certain age, or develop a more lenient attitude of when someone should own a home or even their own place when considering a potential date, etc.

As a single woman, I have a good grasp on how expensive things are (especially from living in different places,) and I myself don't expect a potential date or spouse to own a home, or to even have his own place (unless it's out of sheer lack of responsibility or willingness to work, etc.)

Most singles I know can't afford their own places and live with family members to cut costs and/or provide necessary care. It's great if someone can afford their own place, but I think it's pretty rare. (If I'm wrong, feel free to state your own experiences/observations.)

I hope the answers in this thread have let some people out there know that not owning a home is perfectly understandable in today's conditions, and will feel a little less stressed about living up to social expectations.
Ah, the dénouement. :)

I didn't know you were actually considering it. I thought it was just one of your interesting topics.

Real quick, just want to respond to "Sure, I realize that landlords can make places completely unaffordable by raising rent, but with so many people having to rent now, I would hope that this would at least keep the rates somewhat competitive." You can probably guess this one... you want to apply the uncontested Economics' axion of 'Supply and Demand' to that: More renters means higher/growing rental prices.

US population from 2000 (228M) to 2022 (338M)... that's an extra 110 million in 12 years (+48%). Perhaps a fair number have lost their homes, and the trend is less people buying homes... but more important figure is new homes built. If there's less new homes being built (there is), and the population has increased (and it has), then all three: rental prices, home prices and new home prices will rise.

In 2000 1,242k new Single Family homes were built. In 2020 912k were built (and good increases 21 & 22), the rate has stood still. All the while the population increased by 48%. And some houses have been demolished due to age & events.

New Single Family Homes Built per 100k population:
2000: 440.2
2020: 275 (and increasing 21/22)

Population growth has far outpaced new home growth. That, plus less people buying homes means increasing rental prices. On a positive note, population growth % is half today than it was in 2007, and new homes rate is increasing. The increase in illegal immigration (millions) is hard to track, and what will become of them is hard to know. But generally speaking, rent and home prices have gotten much worse over 20 years, but the trajectory today is very slowly improving.

Obviously, wage rate minus inflation matters. And as you know wage increases over decades has not kept up with inflation, despite productivity increases (IE wealth concentration with the 3%).

But enough about that subject! One thing you should consider is your encroaching retirement. If you live alone and aren't likely to move a bunch of times, you're much better off using your 'residential money' going into paying for your house, than disappearing into the rental void. Once you payoff your home, that residential cost compared to renting is dramatic! Property taxes compared to monthly rental payments is a lot! Probably somewhere between 1/12th to 1/10th less. You can always sell, or even rent out, your house if required. In general house values rise significantly (except for a very small number of specific locations/situations). But ultimately, either way, you'll be fine! Follow God's leading... if God has any leading on that specific subject. :)
 

Lanolin

Well-known member
Dec 15, 2018
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30 to start owning, 65 to have paid it off.
If a home has been given to you or you have a trust fund or something thats a bonus and good stewardship on part of your family. As for men being head of a HOUSEhold,its a given that some kind of house will be on offer to house their wife and family, but if you happy to be living as a nomad or missionary evangelist and staying in other peoples homes it need not be a big concern.

A lot of church pastors live in manses that come with the church building,its not as if they own their own home. since usually this home is open for anyone and available for church members to stay in. Good housekeeping and home economic skills are needed though in any type of dwelling.