To understand why 30-somethings feel like they're struggling financially, the ABC analysed five factors — housing, healthcare, debt, tax, and income. The data reveals this generation is caught in an economic perfect storm.
I totally hit the 30 year olds 30 years ago and my son is in the same age range now. He can’t afford to live on his own and I figured that if I was going to help him, I’d rather buy a condo for him to live in. I plan on putting it in his name when its paid off. Then I know he’ll have stable housing after I die. HOA + property taxes + utilities are way cheaper than rent.
I totally hit the 30 year olds 30 years ago and my son is in the same age range now. He can’t afford to live on his own and I figured that if I was going to help him, I’d rather buy a condo for him to live in. I plan on putting it in his name when its paid off. Then I know he’ll have stable housing after I die. HOA + property taxes + utilities are way cheaper than rent.