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It’s no secret that many millennials and younger generations have bid their farewell to the prospect of ever affording their own home. Not because they don’t want or need one, as some so-called real estate experts have tried to suggest, but because they simply can’t afford one.

As if that wasn’t hard enough already, renting a home is becoming just impossible. Rental prices for single-family homes grew an average of 7.8% in 2021, an all-time high, according to the most recent data available from CoreLogic Inc. In December, U.S. home rents jumped 12% year over year for the month, with Miami leading the way with a 35.7% increase.

Worse, there seems to be no end in sight. And while real estate tycoons don’t miss the opportunity to milk the cash cow, many people fall behind on payments and dig deep into their savings.

In this chaotic climate, the Instagram page titled Homeowner Memes pokes fun at the complex reality related to having a place to live, which doesn’t come as a given. By providing light-hearted entertainment, it reminds us that we can always laugh, cry, and then laugh again.

#1

I Guess English Law Taxed Land According To The Buildings On It. Since This Building Wasn’t On Land It Didn’t Count. Smort.
@homeownermemes
#taxes #taxseason

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Liam Walsh
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Excellent. I love Ambleside as well, spent so many holidays around that area. Lots of beautiful countryside to walk.

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“I actually started this page pretty much as a creative outlet for me to share some funny moments with some close friends and family,” the creator behind the Homeowner Memes account told Bored Panda. Seeing the struggles of everyday homeownership and renovating an old house was getting frustrating, so the creator decided to turn it into humor. “It’s become kind of a beast of its own, growing way more popular than I had ever intended.”

“My followers are pretty standard across the board, really. 50/50 split down the middle male and female, with 85% being age range 25-40, so right in line with the millennial demographic,” the author said.

“They are incredibly active and engaged and I think it’s because people genuinely feel like they can really relate to these memes. I will often invite people to post their craziest stories about certain things and you wouldn’t believe some of the things people have to go through just to own a house.”

#2

Oh Yeah, It’s Small Brain Time.
@homeownermemes
#diy #homerenovation
idea Credit To @shandon_johnson

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Bubbles and sparks
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

lol, not only do they put carpet on the floor in the bathroom, they actually put toiletseatcovers over their toiletseets, I mean.... normally you clean this every day.... do those people have 10 spare ones in a cabinet or something?

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#3

For Only $90,000 You Too Can Buy A Sprinter And Live In A Van Down By The River.
#vanlife #vanlifediaries
@homeownermemes

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Serendipity911
Community Member
1 year ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I would love to do this if the world was safer. Van life can be very dangerous, esp. for women. But not having to pay property tax, homeowners association fees if you live in a house etc. would be great

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#4

You Ever Just Sit There And Think ‘If They Would Have Just Taken The Extra 10 Minutes Or $10 To Do This Right The First Time We Wouldn’t Be In This Situation’?
@homeownermemes
#homerenovation #homereno

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B Jean the Jelly Bean
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

We bought a lovely house built in 1917. Discovered the previous home owner was a champ at hiding, even from inspectors, the s**t job he did on EVERYTHING.

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According to the creator, one of the best recurring themes is memes about HOAs since “it seems like there is a pretty universal hatred of them and their arbitrary rules.” Moreover, “Memes about the real estate market are pretty hot too. They seem to resonate with a lot of people trying to get into their first home.”

The person behind the Homeowner Memes account believes that the market is due for a crash. “We’re starting to see price reductions, record low first mortgage and refinance requests, etc. That being said, I am not a professional and therefore my opinion is just that, an opinion. But a lot of people seem to think the current market is unsustainable.”

The author added that their own local market is incredibly overvalued right now. “To the point where renting here is actually cheaper than buying here right now,” they concluded.

#5

It’s Like Peeling Back Layers Of An Onion Only Every Layer Is Rotten.
#homerenovation #homesweethome
thanks To @flipdy_ For The Template
@homeownermemes

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loty moty
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

When we sold our house recently we had to close all outstanding permits. Some outstanding permits were for work done 30 years ago and noone including inspectors could even figure out what they were for. They just shrugged and closed the permits.

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#7

The Movie ‘The Money Pit’ Was A Documentary Based On My Life.
use Code Homeownermemes For 10% Off At @getleaksmart For Leak Protection
#plumbing #leaks

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Inigo Montoya
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Yes it can be expensive to own a house, but you're not just getting a security deposit back, if you're lucky, you're selling your home for more than you paid for it usually at least. Plus, owning a house opens more financial opportunities for you.

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To find out more about the current state of the real estate market, and ways to navigate the soaring rental prices, Bored Panda reached out to Philippa Main, experienced Tampa Bay Realtor® at Your Main Agent. Some time ago, Main went viral for creating this genius house listing for “The Worst House On The Street” that you can read about in our previous article.

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Main explained that unfortunately, the real estate market is definitely starting to slow down. “Home buyers had already started to get wary of how high prices were getting a few months ago, and now with increased interest rates they are rethinking whether the current prices are fair or going to work for them and their ideal monthly payment,” she said.

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#10

It’s Almost Like They Have Entire Crews Dedicated To It And/Or The Work Quality Suffers. @homeownermemes
#hgtv #homerenovation

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Islandchild
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I loved HGTV right up until I worked in design and realised the false expectations they set.

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“For current homeowners who need to sell quickly, they're having to do price reductions, offer incentives, or be prepared to make upgrades and repairs. It's starting to become apparent that the best time to sell was around March/April, and that things are definitely starting to get better for buyers,” Main told Bored Panda.

When asked what are the reasons for soaring rental prices we see across the country and whether there is an end in sight, Main said that in certain metros, like the Tampa Bay market, they are already starting to see landlords having to reduce prices to get tenants to sign up.

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“It's doubtful they will drop at the same rate home sale prices might, though, because the areas where rental prices have gone up substantially are projected to stay desirable areas. Places where people want to be and live, have always historically been more expensive to live in, and we don't expect that to change just because of inflation,” Main explained.

The realtor added that it's likely that the rising costs associated with maintaining and owning homes will be passed on to the tenants living in them.

#14

Last Post Bombed So I Made This Meme From The Post In My Stories With The Caption Stolen From @nate_mort
@homeownermemes
#officelife #google

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Lizzie Lola
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

My son and I saw lilSimsie make this on YT, I didn't know it was a real house! 🤣

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#15

By The Time I’m Done Remodeling This Place I’m Gonna Need To Start All Over Because It’ll Be Out Of Date. @homeownermemes
#firsttimehomebuyer #homerenovation

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flutterbyy
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

You can make a drinking game out of it. "What's it gonna be tomorrow? Is it the plumbing? Is it the termites?" Chug whiskey straight out of the bottle for every correct guess.

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For anyone currently struggling to find a rented home, Main’s advice is to be flexible on features and location. “Start looking for a new rental as soon as possible so you can have more options and not feel pressured to rent the first place you find.”

“Also, consider saving up for a down payment to buy your own home. When you own a home, your payment stays much more stable year-over-year and you don't have the uncertainty of moving so frequently. Interest rates may be high now, but if they go down in the future you can consider refinancing,” Main concluded in an interview via email.

#17

It’s Me, I’m Some Dumb Young Couple.
@homeownermemes
#houseflipping #hgtv

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Liam Walsh
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

My sister bought a house where they had tiled over the tiles. Lots of cheap methods to make things look better in the short term but actually make it worse for when you go to do it properly.

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#18

True Story, I Came Home One Day And Mrs. Homeownermemes Had Taken A Sledgehammer To The Master Bathroom Shower Tile.
@homeownermemes
#diyprojects #bathroomrenovation

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Jay Son
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I'm almost done with mine. While I'm happy with the result, there definitely were moments I wished I left it as is.

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#21

Alright I Guess The Last Meme Didn’t Make Sense For A Lot Of People So I Deleted It. Anyways Here’s Another I Made With @checkyourkidsatthedoor’s Help
@homeownermemes
#homeimprovement #oldhouselove

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flutterbyy
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

B. Square, because that's a frickin' shape, not a tool. (it's a joke, btw)

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#24

Babe Look At This One It’s Only 8 Million Dollars
@homeownermemes
#zillow #hgtv

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Mykidsartrocks
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Ah, but now you can't afford the small one because the monstrosity next to it has now increased property values of the whole neighborhood. Good luck.

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#27

Gallery Of 8 Images.
alright We’ve Got Some Memes And Controversial Topics Here. I Want To Hear Your Thoughts!
@homeownermemes
#firsttimehomebuyer #kanyewest

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Bubbles and sparks
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Unfortunately, for many countries so very true.... Although here in Spain there are actually almost empty villages where you get a house for almost free to just come and live there so the town doesn't get lost... I guess for some it's a dream come true ;)

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#28

‘We Could Totally Do This Right?’
@homeownermemes
#hgtv #pinterestinspired

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Wick E. Scratch
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

A lady I worked with used to call it "P-interest" - she didn't know apparently that it is pronounced pinterest

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#30

And That Message Is: ‘I’m A Big Enough Idiot To Try And DIY Everything’
@homeownermemes
#hgtv #diyprojects

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Inigo Montoya
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

As a home owner for over 10 years now, I completely disagree with this one. You can save thousands doing things yourself. Provided you are capable of said project. If not, then yes, hire. You'll end up spending more on the contactor fixing what you just screwed up.

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#32

This Is At Least A Level 3 Meme. Don’t Know If You Guys Will Like It But I Love It So I’m Posting It Anyways Lol.
@homeownermemes
#historymemes #kitchenremodel

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Tessb90
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Don't tear down a wall for a cheap billiard table on Facebook marketplace, simply because the cues occasionally hit the wall. I don't regret the billiard table in the slightest, the lack of wall left as unfinished demo years later, after the billiard table getting moved to a more logical location, that I regret immensely.

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#35

Is It Just Me Or Is Mid Century Modern Completely Taking Over?
@homeownermemes
#midcenturymodern #furniture

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Jen Berry
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

What is this styling? Our house is just a collection of whatever we could afford, random things we liked for one reason or another, and mostly kids toys and shoes.

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Note: this post originally had 77 images. It’s been shortened to the top 35 images based on user votes.