r/joebuddennetwork • u/Positive_Round_5142 • 2d ago
Oprah has a conversation about the concerning factor that Gen Z can’t even afford to buy their own homes
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u/Long-Cap-2244 2d ago
Having this conversation with Oprah is wild. Oprah lives in a gated mansion in montecito and that's just one of her homes.
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u/The-Big-Play 1d ago
I thought the same but then I also thought that I am weirdly sort of grateful that someone from her generation with that kind of wealth is at least acknowledging and understanding of what's going on. Am I being fooled? 😅
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u/AcanthocephalaLost36 2d ago
This. She’s not the. Best person to be holding this forum.
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u/MyFeet_4You82 2d ago
Only good part is these are the people who were watching her daytime talk show, so he holds a place in their hearts so to speak and they'll still listen to her. Hopefully she juat steers them in the right direction. 🙏🏾
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u/fieldsports202 2d ago
Why not? She has access to some of the best economist out there who understands the market.
Who do you want on her show yo lead others?
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u/KingQu- 2d ago
Everyone looks flabbergasted like they had no idea. Fk Oprah and her sheep
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u/JaySpace77312 2d ago
They legit didn't know. Im a Millenial and I remember having trouble finding a job in the Recession after high school. My Mom thought I was being a lazy bum, she literally told me to look in the newspaper or go "job hunting" as in just show up places and ask to fill out an application. They were telling all the people at the time to go home and fill it out online. She literally couldn't comprehend not being able to just walk in somewhere and fill out an application. This is similar, all they know is how it was done when it was their turn to buy home, they dont get it.
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u/TrashGamerBro 2d ago
SAME. My Dad had me walking the streets looking for work like Will Smith in Pursuit of Happiness 😂
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u/Antique_Brother_9563 2d ago
Some years ago, I had gotten laid off from a well paying job as Test Engineer. I had been out of work for a bit. I had an older family ask me "Isn't there a McDonald's there ?"
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u/Few_Mail_7881 2d ago
Man, fuck Oprah. She’s responsible for “Dr“ Phil and RFK Junior
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u/Think_Cheesecake7464 2d ago
And Dr Oz!
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u/Internal-Plantain-56 2d ago
She literally platformed Andrew Wakefield and Jenny McCarthy into millions of homes.
She’s a monster.
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u/Hank_Amarillo 2d ago
those "shocked" looking women's husbands all paid for their homes, of course theyre clueless
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u/Head_Cloud_61 2d ago edited 2d ago
Idk why the boomers love Gen Z so much.. when it’s millennials no one gives a fuck. Lmao
Not to mention Gen Z already surpassed millennials in home ownership. Look it up. So not sure what all the whining is about ?
Really I don’t get it.
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u/spicebombextreme 2d ago
Because Gen Z are their grandkids
People always say grandparents treat grandkids better than they treated their own kids
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u/Head_Cloud_61 2d ago
That makes sense actually. I don’t mind it, because I’m glad finally the boomers are taking responsibility for what they did by ignoring it for so long and sending all these jobs to China and massive money printing.
But the elder boomers are not in a position to fix it now since many are entering retirement homes and end of life care.
I wish GenZ the best but I’m surprised some Millenials even got that far to even have children.
But I’m afraid that it’s too late. I can’t see anyone actually caring about this problem enough to solve it. It’s past fixing.What’s done is done. And I can’t even be sympathetic to Gen Z or Alpha or anyone else when I’m 2 threads from being homeless (not a owner or even a renter I never moved out still living at home) lol
I’m 37.. my plan is to move in at my parent’s retirement home at this point. I mean. Thats pretty freaking bad.
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u/Money_Confection_409 2d ago
Dead ass. Alexa play “They Don’t Really Care About Us”
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u/Head_Cloud_61 2d ago
My Ai just tells me .. “I’m not comfortable helping with that”
Meanwhile every billionaire can do whatever they want without remorse. I can’t even ask a question anymore. Lmao
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u/TonyStarksLeftACL 2d ago
It’s because GenZ are their grandkids and they want to try to make themselves feel good before they pass on to the next life?
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u/djseanmac 2d ago
I can't take Oprah seriously anymore after she elevated Dr. Phil, Dr. Oz, ,and even recently attended Jeff Bezos' wedding. She has shown some truly bad choices as she ages.
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u/the_urban_juror 2d ago
It's not just the political figures, her show was a contributor to the satanic panic in the 80s and 90s. She was always garbage, she's just garbage who donates to Democrats so people didn't notice.
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u/djseanmac 2d ago
I forgot about the satanic panic. Man, that era messed up some families, too.
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u/the_urban_juror 2d ago
Think of all the teen pregnancies that could have been prevented if Oprah hadn't made parents terrified to let their kids play Dungeons & Dragons.
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u/djseanmac 2d ago
I think the pregnancies stilll would have happened because ccndoms were still taboo back then. The irony being THE GOLDEN GIRLS were the ones getting positive messages out about sexual health. That show really was the first Sex & The City. Every other show was *reactive* not *pro-active* with taboo topics.
Also,, I keep reading your handle as the_rural_juror LOL
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u/Tuxedocatofphilly 2d ago
The Behind the Bastards podcast episode about her is very fair and disturbing. It highlights the actual "good" she tried to do along with all the evil she gave a platform to.
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u/ArtichokeOk2684 2d ago
its a real bummer that you have to live on the streets because your dollar is not worth what their dollar was worth. FOH bitch
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u/MagReg2020 2d ago
A lot of Trump's worst people gained prominence via Oprah. Trump himself was a guest. RFK, Dr. Phil, Dr. Oz. She let her show be a platform for a lot of charismatic psychotic scammers who exploited the anxieties of average people. I don't hear concern from her. I hear her seeking renewed relevance. She's not so different from Trump.
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u/SoftGems- The Baddies 2d ago
this is a multi-generational issue but i guess since gen z is the youngest to come to age they’re focusing on them.
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u/djseanmac 2d ago
Private equity wasn't draining the world when they were young. Now? Private equity firms buy whole neighborhoods to charge astronomical rent. It used to be you were competing for homes with locals and now it's all billionaires with unlimited money buying everything.
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u/Unable-Candidate9612 2d ago
The streets are going to be filled with "retired" millenials and gen-z.
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u/PhatFatLife 2d ago
I bought an older house making $10 an hour about 10 years ago on an Obama first time buyer program, thanks Obama
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u/Mrscorpio100 2d ago
It’s hard for everyone young or older to get a home Oprah is rich so she shouldn’t should just stay shut because it’s not like she helping people
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u/TongueThruster69 2d ago
Fuck Oprah she's part of the problem now she wanna try and talk about the problem she helped create
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u/ImLeg4llyBlind 2d ago
Can’t stand that wide eyed bug ass looking bitch
Sitting there acting like it’s the first time she hears about this.
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u/kuunami79 2d ago
The very people speaking in this video is why Gen Z, millennials and even younger Gen X can't afford homes. BABY BOOMERS obliterated the housing market and the economy.
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u/ltsouthernbelle 2d ago
Housing costs have outpaced earnings period. Add to that the fact that you need down payment money and it’s almost impossible in this economy. If I had to buy the home I’m living in today, I’d be on the brink of disaster trying to pay the mortgage every month. The only solution is to make home buying affordable while restricting people from buying 2nd and 3rd homes. Homes should be for living not airbnb rentals, we’ve absolutely lost the plot.
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u/Dino_Nuggiez86 15h ago
Not only all this crap, but folks still need to be able to afford TAXES and MAINTENANCE which are skyrocketing as well. Any damage to your house is gonna cost a fortune to fix.
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u/Apprehensive-Log3638 2d ago
Honestly a lot of the issue is credential inflation. You are forced to earn a four year degree before you can get what used to be entry level jobs. Now you are four years behind your parents plus you have debt. Debt makes it harder to save for a down payment. It is a spiral.
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u/Dependent-Year6711 2d ago
The problem with citing 2007, is that the overall trends probably also had inflated new home owner numbers because of, y'know, the widespread fraud going on that just shelled out home loans left and right.
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u/daveskillerbeard 2d ago
How they just skip over generations ? lol man fuck them, Oprah just trying to get a whole new audience base.
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u/Imnotnewhere_07 2d ago
Can you guess which presidential candidate had a plan for down payment options for first-time homebuyers?
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u/Dense-Land-5927 2d ago
31 -> Just got a significant raise -> Still can't buy a home lol.
Start homes in the south are pushing over $200k for a home in a decent area. Yeah, I could slum it out or move to BFE and drive 2 hours to work, but then what? Get an electric car every 3 years because I'd be driving 150+ miles one way to work.
Just pisses me off. I work 3 jobs and just can't seem to get ahead.
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u/s29 2d ago
"If you cant buy that first place and then sell it to buy another bigger place and another one, you just never get to build that (wealth)"
Yeah... that wealth building worked because house prices kept going up and up and up.
Which is exactly what you're complaining about.... :|
This is trying to have your cake and eating it too.
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u/Basic-Asparagus-4596 2d ago
can someone explain how this wasnt completely unavoidable if the logic is that we are expected to buy a first home, then sell it to buy another one?
obviously that would mean we are selling it for more than we bought it, which means every home is being bought and resold for a higher price under this logic, yeah? so how would we possibly have affordable houses now? this logic turns affordable housing into a money making scheme. we haven't run out of cheap houses, we're just reselling them for double the price to buy a bigger home and asking "well how come nobody can afford the cheap ones now"
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u/MetalFaceDad YOU CANT SHOW ME GRACE 👊🏽 2d ago
Man they really want to make millennials be forgotten. I fucking hate this kinda talk
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u/evilpartiesgetitdone 2d ago
How could this have happened? I mean we made homes an investment asset that needed to appreciate in value for every one that had one. I mean the starter home isnt something to trade up because your family is growing its a lifestyle upgrade based on profit. Everything has to be profit, every home is a precious metal commodity meant to offload on the next sucker buyer and you make bank. How with these incentives in place as a foundational aspect of society could we have gotten to a place where people cannot afford a place to live and all the houses look alike and white and grey ?? HOW
People are living in our investments and mucking them all up, they would appreciate better if there wasnt any people using them gawd
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u/MajorPaper4169 2d ago
Oprah can eat a dick. Idk why ya still listen to the bullshit she gotta say.
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u/orswich 2d ago
Why dont the boomers in Oprah's crowd sell the houses to their kids for a huge discount???
You can't have it both ways, expect to sell the house for massive profit, then complain your kids can't afford a house
Me and wife have already talked about selling our home to our son one day for 300k and making a legal arrangement that we can live in basement for $500 a month rent... he will own a home and we have affordable housing, fuck needing to have enough money for a Florida condo or an RV to travel the country or annual trips to Europe. We would rather our son have financial security
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u/SimkinCA 2d ago
She owes them an apology. She has said nothing about the shit she promoted and are now in positions to attack the country.
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u/Designer_End5408 2d ago
Says the woman who practically owns Maui among other real estate. Can anyone take her seriously? How about donate your wealth Orpah and help less fortunate folks who don’t OWN homes or that are homeless.
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u/InstructionOk887 2d ago edited 2d ago
It's a bummer ....🤣😂😂 What a fvkn understatement.. You greedy ass boomers drove up all the fvkn pricing in your quest for wealth and higher profit margins....just skipped over millennials
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u/Famous-Rain8703 2d ago
Kamala Harris was literally trying to give Middle America this and farmers all the resources they needed as well but she didn't have a plan huh
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u/Glass_Sweet4414 2d ago
200k is a minimal amount of money? How fucking out of touch can these ppl be!? Foh talking about 1 million dollar apartments bruh we just want a place to live.
Fuckkkkkkkk the rich!!!!
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u/AcanthocephalaLost36 2d ago
She’s referring to home prices back in the day years ago being 200k for a downpayment would be minimal. Idk that’s how I heard it. 200k is still a lot of money. If you’re in a HCOL or VHCOL location like New York, Bay Area (SF, San Jose, Berkeley, Palo Alto, Menlo Park) it’s not inconceivable that a 0-1 Bedroom apartment be in the 800-900k range. A home would be over 1M if you want it to be move in ready. It’s pretty depressing.
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u/runswitblunt 2d ago
Pandering to Gen Z. Bro gen x couldn’t afford to buy a house over a decade ago
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u/phillynavydude 2d ago
One of the best military benefits, VA loan. Zero down payment on homes. Not for everyone but I'd recommend one single contract to many people.
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u/Dadadada55 2d ago
“Go to the strait of Hormuz to buy a house “ true but there has to be a better way
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u/Infamous-Dare-1162 2d ago
I bought three with it and that plus medical is what sets me and my siblings apart. They get paid a lot more than me, but my net worth has skyrocketed simply because I bought a house at 23
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u/MCMLXXXVIll 2d ago
I remember what "they" did to the millennials. Now it's being done to Gen Z.
I hope my generation remembers how we were treated and doesn't prepetuate it onto the upcoming generations.
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u/dumbboyhappydude44 2d ago
I just remember my parents had to work to jobs to qualify for a mortgage for a 2 bedroom condo w 10% interest on the loan, which was normal at the time.
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u/id_Driven 2d ago
There is a stark difference between zoomers and younger gen z.
The younger crowd is experiencing this issue, while the zoomers (zilennials? Idk the right term) are on average at least a little bit better off.
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u/WolfOfAllStreets2 2d ago
Well the wealth keeps going to the top and not workers. What did they think was going to happen? Lack of foresight clearly.
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u/mistaharsh 2d ago
Somehow they realize homeownership is the path way to wealth except when it comes the Black folks in America from 1890-1970s
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u/Premodice9911 2d ago
How oprah is still relevant in 2026 is beyond me.. It really shows how stupid the majority of women are
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u/LogHelpful6370 2d ago
The BoomErs are still in control—-
Madonna is a boomer.
Lets add this too:
Baby boomers own about 41% of all U.S. real estate assets, which equals roughly $18 trillion to $19 trillion in housing wealth and property value.
Baby Boomers hold roughly $85 trillion to $93 trillion in total assets, making them the wealthiest generation in U.S. history.
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u/Entire-Ratio-9681 2d ago
Oprah has had ties with every demon in Hollywood. Do not listen to the friend of Weinstein and diddy.
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u/GeorgeFartwell1984 2d ago
I'm so glad l got my mortgage set before that orange fuck made it back in.
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u/alexanderfromtng 2d ago
Millenials have been struggling in the housing market for fifteen years at this point. Housing has become completely unaffordable for anyone under forty in a place that's worth living.
Also, fuck Oprah. Her ass is part of the problem.
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u/ScaredOfManagers801 2d ago
Wait ain't Oprah friends with Harvey Weinstein, you know the guy that sexually assaulted women...
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u/Pecan_Artist 2d ago
Millennial her yo! I can't afford a home. Hoping my folks help me in the will ya'll!
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u/Rough-Bunch932 2d ago
https://giphy.com/gifs/COYggJB0KnADm
She up a few billis.. coulda just did this again
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u/Large-Lack-2933 2d ago
Us younger Millennials too don't have rich parents to buy a house with these outrageous prices...
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u/qtestboner 2d ago
Gen Z???? Millennials get shafted again. 43, just bought my house after paying off my student loans for 17 years. No help from parents. Scared shitless whether or not I can afford it long term. Boomer dad who had 3 kids by my age and a home, told me "dont be surprised if some nights you have to eat ramen." I have no kids.
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u/im_blue2026 2d ago
I do wonder how long we can support the Wall Street parasites, and private equity firms buying all the houses and making money from thin air! The economy is the dream of the middle man but her rumpelstiltskin we can’t support no more your way of making money out of thin hair!!!
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u/ImpossibleTension104 2d ago
we can't buy homes cause she and her likes are greedy and are too busy helping traffic the kids. let's really talk about it 🤭
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u/warriorgoose77 1d ago
I bought my first house in 2001 for 150k with a salary of 56k. I’m extremely worried that my kids will never be able to buy a home.
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u/novasoline 1d ago
Oprah can fix house with her billion but your government cant with their trillions. Idiots
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u/romperstomper36 1d ago
I am a 40+ millennial. My wife and I built a home 6 yrs ago. We would not be able to afford a home in this neighborhood now.. feel extremely fortunate and lucky to have had the $ then
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u/datadidit 1d ago
At least she mentioned student debt being part of the issue. Lowering the cost of college or it being forced to lower due to low enrollment will be a start to fixing this. Not a solution but a start.
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u/0utsyder 1d ago
I find it amazing that people still realize this. This has been going on for decades now!
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u/Silent_Currency5403 1d ago
Why is Oprah even relevant... she shoved Oz and Phil down our throats and then sauntered off to her private Hawaiian enclave without a backward glance.
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u/Candid_Possible_6231 1d ago
It's called inflation you get poor not rich as they spend money on war
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u/Agile_Association_47 1d ago
I’d argue that even this conversation misses the point of what’s actually going on with home ownership.
Traditionally, buying a home in the U.S has been safe investment. Today, not so much. Between the climate crisis, loss of industry, insurance fraud and the culture change of multiple generations living under one roof I don’t see homes coming back to be the safe investment they once were.
Think about the people in Flint, Michigan. Who would buy a home in a place where the water supply has been poisoned? Some form of this is happening in every corner of the country. Soon enough, people in the Southwest will say “at least Michiganders have water.” Hurricanes in the gulf and the East coast will become more frequent and much stronger. The North is already cold and about to get much colder. On top of that there is no federal legislation against insurance companies canceling policies during major disasters.
Home buying is safe because supply has been artificially suppressed generally increasing value as populations expand.
You may be one of these young people who feel trapped because you don’t have a home. Consider this, in the 10 to 20 years you may not want one.
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u/LilRed2023 1d ago
All these women are billionaires and millionaires. They could help Gen Z have a down payment for their 1st home. But their busy spending their millions buying up the Maui neighborhoods that burnt to the ground. Taking other peoples homes and singing petitions with Maui city so they can’t rebuild. But they can build. So yeah they just speak words that have no true worth behind them.
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u/FuelComfortable6342 1d ago
Hmm 2007 you say? Wonder if anything happened the following year in terms of the real estate market
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u/No-Chef-6771 1d ago
buying a house is a money pit. the only people benefitting from buying a home is boomers and gen x. everything today is in private equity and nothing is worth shit anymore.
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u/Apprehensive_Ad4457 1d ago
I wonder whats lower, their ability to afford homes or their literacy rate?
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u/Olympicsizedturd 1d ago
Come to Philadelphia we have tons of low cost homes available! You can be in a home for like $100-$150k.
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u/YouCantBeSerio 1d ago
If only there were Billionaires in the world, they'd EASILY be able to solve this problem
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u/Constant-Affect-5660 1d ago
I'm an older millennial and my gf and I were able to get our house due to me getting lucky af with dogecoin and her getting some from her mom's life insurance policy. I still think we could've got a house from working and saving, but that would've taken a couple of years.
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u/Vember_Mereel 1d ago
Oprah sitting there knowing she owns acres and acres of land on Maui. Watching her nod is a bit sickening
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u/Dunn_or_what 18h ago
Nobody that isn't rich can't afford to by a home because rich pricks like Oprah, and wall street have jacked the price of everything out of the reach of the working slave class.
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u/My2cents_0 16h ago
Bummer? Talk about an understatement! And it's not just Gen Z, a lot of Millennials can't afford homes either. Not all Millennials were ready and able to buy homes at 21 - 25
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u/Glad-Green2722 14h ago
Oprah can I look under my chair? Please tell me to look under my chair Oprah, you can fix this generational crisis all on your own if you wanted just plz tell me to look under my chair. Oprah, is ther money under my chair? Plz bro I need this Oprah!
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u/Moms_Spaghetti94 10h ago
As a younger millennial, alongside with you guy's. It's crazy to think that we know big corporations and home buyers in the market have more than 1 home. Don't even get me started on the homes that are being built, this is disgusting for young Americans everywhere!
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u/Scary-Beyond-8360 9h ago
Gen Z is NOT loaded with student debt. Most states passed Promise acts that pay for tuition and room&board for in-state students. The only students leaving in debt are high-income students from high-income families.
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u/Blackgem_ 2d ago
Millennials can’t buy a home either! Well us younger ones