3 ms·
Just the overall atmosphere when the majority of millenials were entering the job market (I realize this is a good ~15-year period, but at least 10 of those yea
by pcthrowaway 3y ago
Just the overall atmosphere when the majority of millenials were entering the job market (I realize this is a good ~15-year period, but at least 10 of those years were decent) was so much better than Gen Z has it (right now).
Gen X especially had some really amazing opportunities, but income to purchasing power has been more favourable for pretty much the entire time Gen X was coming of age.
Personally, I'm just thinking about what entry-level salaries were 15 years ago compared to the cost of real estate, and I could see a clear path to homeownership for a lot of people entering the workforce at that time, even outside of the top 10% paying jobs
Gen Z unfortunately doesn't really have a practical path to homeownership (in big western cities anyway) outside of A) inheritance/family support, or B) entering the workforce into a position that would put them in the top 3-5% of their cohort