Advantage And Advantages Of Millennials

Millennials tend to be more independently driven people. We live in a generation where who you are and what you stand for is a big portion of how you live your life, and more and more people are standing up and talking about what they believe in. This independence that we have plays a part in buying a home too. There are a lot of up and coming adults who are fresh out of college looking for a “bachelor pad” type home to get started. These single apartment and condo type homes are what people prefer because it gives them a sense of independence and in a way power because they have this sense of control. People want to live by themselves and have control of their space and I can say that from a personal aspect. I am currently a junior in college and I live in a 3-bedroom apartment with one other person. My roommate lives with her boyfriend most of the time, and I prefer it this way. I like being in control of the space and being able to do

However, the author of this article seemed to want to focus on the negative aspects facing the millennial generation. This generation is not the only one facing tremendous debt. Having a degree opens a lot of doors and grants access to higher pay. The immediate rewards are difficult to see right out of college, but in the long run, I think the millennial generation will overcome these challenges. "The U.S Department of Housing and Urban Development considers home prices affordable for families who spend up to 30 percent on housing, with the remaining 70 percent spent on food, clothing and other needs (pg.1)." The latest census done in Colorado Springs states that the median household income is $54, 228 (pg.1). Taking this information and calculating 30 percent for monthly housing allowance, this household can afford around $1,380 for housing each month. With utilities and other monthly bills associated with homeownership, I don't think 30 percent is realistic in the current housing market in Colorado Springs. One thing this article did not mention was there are government assistance programs that can help millennial afford housing. El Paso county currently has a "Turnkey Mortgage Program" (adm.elpaso.com). This program offers down payment assistance. With financial planning and savings, millennial's looking to buy houses can find a way to make things work, either by being aggressive in looking for affordable housing or budgeting to take on more

Is it common to take revenge on someone? Does it provide a feeling of greatness, justice or confidence? In “The Cask of Amontillado,” the narrator Montresor enacts his revenge on a drunken friend, Fortunato. Throughout the story the author Edgar Allen Poe uses moods like irony and Imagery to enhance his theme of revenge.

In an effort to save money and lower debt, more and more millennials are turning living in their parent's basement from the punchline of a bad joke or sitcom fodder into an accepted, and even

It seems that over the decades, the “American Dream” has changed along with the generations who follow it. After the “Great Recession”, the housing crisis which triggered a financial crisis, and millennials have changed their point of view about homeownership. This change created another definition for the “American Dream”, because more opt out to rent versus buy, and some don’t bother with houses at all and prefer to live in apartments. This is all due to rising student debt, risks associated with owning a home, and the fact that homes are often suited for families and it’s been proven that millennials are pushing back the age for conceiving children.

But on the other side, if you are renting, unless you damage the property, you don’t have to pay for fixing repairs.

The American dream is all about stability. Owning a home, having a well-paying job, a yearly vacation and children are stages of the American dream. Above all of them, owning a house is the most important because that means one is secure and stable. My auntie, Evelyn, had reached the biggest stage of the American dream: owning a house. After hearing the good news my family and I planned to visit her and see the new house, but it was too late before we got see her new house: the value of her house dramatically decrease and my auntie was forsaken. So, she decided to let the bank take her house instead of making the house payments. Just like my auntie, Evelyn, many American families were affected by the financial crisis in 2007-2008. Although the financial crisis was a horrific experience, there are some positive aspects.

Homeownership is a double-edged sword. It is the “American Dream” to one day own a house. Compared to their predecessors, Millennials are seeing the advantages and disadvantages of homeownership at an earlier age.  These early generations believed owning a house was the cherry-on-top to being an all-around American and achieving the “American Dream”. As a cynical generation who grew up with information at our fingertips and the world falling around us, millennials see homeownership differently. “The cautious and conservative approach to home buying displayed by millennials is driven by the fact their outlook on life was shaped by a number of bad things when they were young—the terrorist attack on the World Trade Center in 2001, the 2008 financial crisis, the housing bust with mass foreclosures and a weak recovery that has so far provided incomes below that of prior generations” (Stowe England, 36). We learned that the world was not fair and that it is time to redefine the “American Dream” to reflect our current economic society.

In previous years homeownership is was what people in the United States showed pride in, up until recent years after the fall in the market economy. The current homeownership in the United States have declined significantly since the years have passed and is now the lowest it has been in decades. Even though the housing market has been improving over the years in the United States, and the increasing homeownership rate is a worthwhile policy goal for America, home ownership still continue to decline.

We've all seen those movies of those lazy individuals we call millennials. These people are often depicted as dependent individuals that are either living with their parents or renting some shady apartment. That's the question has been proposed whether or not are they justified in doing so. It is obviously easy to say that they have a right to do so, but can it be considered rational in the days we live in. Are their benefits from withholding to buying a house. And maybe even this could be the redefining of the new “American Dream.”

Analysis: But sometimes buying a house isn’t the best choice. It’s a long-term commitment that requires the homeowner to have a stable and secure job. If you default on your mortgage, for example being late on your payments or even missing payments the mortgage lender can take your home away. Then the lender can sell your home resulting as a foreclosure. Foreclosure also affects your credit making it harder or almost impossible to purchase a house in the future.

When someone makes the decision to buy or rent a home they must consider the advantages and disadvantages of each. In buying a home the primary advantage is that you actually own it. You can do whatever you want with it. Also, you are building equity as the years go by. “People today have problems saving for their future” (CNN Money, 2014). However, when they buy a home, the

China’s One Child Policy is still a current issue today. Before the policy was created, Mao Tse Dong, was China’s communist leader, who believed in planned births. He wanted the country to go by the slogan “later, longer, fewer.” This encouraged families to have fewer children, to space the births out longer, and to have them at a later age in life (Nadia 295). He believed that once people’s education increased so would the practice of birth control. This would help lower fertility rate and could bring some people out of poverty. After Mao Tse Dong’s death, the government took a more active stance on reducing population growth, so the One Child Policy was created and enforced. The One Child Policy became an issue in the late 1970s and

Today millennials are seemingly unaware of the benefits of homeownership. I know this because of the lack of effort given by most of this group to do what it takes to become a homeowner. I currently work a supervisor at a debt collection agency here in Anchorage, AK. I see more and more individuals who seem to not car about bills that are in collections. A lot of younger consumers are seeming to hang up, not care or get overwhelmed by so many bills, especially medical. It’s very unfortunate when you know someone care about their bills and credit and just happens to get in binds. However, I find this is not the case with younger consumers. Paying bills are just not a priority it seems. I was born March 27,1989. For me when I was in high

Loyal is to be maintain in the district and public relations to the school. Ms. Lee upholds the following instructions and standards set forth by the Administrations and the state’s Department of Education requirements. And reflects those instructions and policies have never been compromise during her twenty years career in the Educational field. References and witness have maintains she has complied in every avenue. A written response from Ms. Lee was added to the Employee file.