4 ms·

> What formed your understanding? Articles like https://www.theatlantic.com/magazine/archive/2023/05/millennial-generation-financial-issues-income-homeowners/6

• eliasmacpherson 3y ago
  Thanks for the interesting article on the atlantic, I had to go through google to read it, the usual sites to unlock it didn't work. There may be trouble ahead: https://www.statista.com/statistics/591435/house-price-to-income-ratio-usa/ https://www.statista.com/statistics/591435/house-price-to-in... https://www.nytimes.com/2022/11/04/realestate/housing-market-interest-rates.html https://www.nytimes.com/2022/11/04/realestate/housing-market... Almost uniquely in the west, American millenials can enjoy fixed interest rates for multi-decade mortgages, so that may soften the blow for current homeowners.