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Do they? When I was that age, I read all the time in tech-friendly press about how much I wanted those things, but I assure you I never did. It's always seemed
by DragonStrength 4y ago
Do they? When I was that age, I read all the time in tech-friendly press about how much I wanted those things, but I assure you I never did. It's always seemed like a narrative pushed by people who have just assumed the next generation will line up to spend even more money for less. I suspect if 25-35 year olds could reasonably afford 3 bedrooms in the Bay Area we wouldn't be having this issue at all, ignoring density of this area.
But don't make the mistake of conflating 700 sqft apts w/urban centers. On today's remote wages, an engineer can afford the kind of modest home in a walkable urban area in many parts of the US, but affording that on even NY and Bay Area Big Tech wages is looking out of grasp for that next generation. It certainly looks a lot riskier.