In the Midwest there are an abundance of cheap older homes.  A lot of millennials move to larger cities and then whine about the price of rent and plan on renting the rest of their life.  We bought an older ranch for under $50k and paid it off in two years.  Now we are able to save a lot more money.  I get so tired of people bitching about not having money for rent or food, these are consequences of your own bad decisions.