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The idea that an average working person could buy a house in their twenties was only possible: 1) in America, and 2) for the baby boomers generation, maybe for
by atemerev 4y ago
The idea that an average working person could buy a house in their twenties was only possible: 1) in America, and 2) for the baby boomers generation, maybe for some of Gen X. Nowhere else, never after. This is the exception of exceptions, not a norm.
- prottog 4y agoBe that as it may, I would like to continue at least this part of American exceptionalism. There is still plenty of room in this country for young families to own their own homes.
- hattmall 4y agoMillennials could buy houses in their 20s for sure. The early 2010s were some of the cheapest housing prices relative to wages ever.
- atemerev 4y agoThe entire world watched in awe. Here in Switzerland (a very well-developed country), buying a house is something done in the forties, if you are middle to upper middle class. Otherwise, you rent forever.