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FYI, that article is 4 years old. I think things have changed a lot since then.
by timmg 3y ago
FYI, that article is 4 years old. I think things have changed a lot since then.
- MattGaiser 3y agohttps://www.redfin.com/news/gen-z-millennial-homeownership-rate-home-purchases/ https://www.redfin.com/news/gen-z-millennial-homeownership-r... Millennial home ownership rates are a bit behind, but not by a crazy amount for example.
- timmg 3y agoI would think the want/need for owning a home to be enhanced by marriage/children. Since younger generations are less likely to do those things -- and more likely to do them later -- than earlier generations, that must count for some of the difference(?)
- mrguyorama 3y agoYou have it backwards. Plenty of millennials want kids and marriage and a home, but the shitty situation we find ourselves in means we cannot responsibly have kids.
- ghaff 3y agoCertainly if someone is single/doesn't have kids, there's almost certainly less urgency to buy a place given that, money aside, it may be a fairly significant time commitment and it certainly increases the friction of moving somewhere different for a job or other reason.