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This is a very silly comment when you look at actual prices. Even adjusting for inflation house prices have doubled or tripled in a lot of places while wages ha
by Bukhmanizer 3y ago
This is a very silly comment when you look at actual prices. Even adjusting for inflation house prices have doubled or tripled in a lot of places while wages have remained stagnant.
No amount of scrimping and saving will overcome the fact that the house I grew up in is now $600,000 more than they bought it for when the average wage is like $55,000.
I’m not even a generational doomer type. Millennials and Gen Z will probably broadly be ok in the long run. But pretending that not owning a house is a problem of excess is just stupid when looking at the math.