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A Generational Wealth Gap: Housing Is Unaffordable for Young People
- throwawaysleep 2y agoNo, it is unaffordable without parental help, which record numbers are getting. The rate younger generations are buying homes is at its earliest with Gen Z. Gen Z owns more homes at their age than prior generations [0]. [0] https://www.forbes.com/sites/katherinehamilton/2023/04/21/gen-z-ahead-of-millennials-and-their-parents-in-owning-their-own-homes/ https://www.forbes.com/sites/katherinehamilton/2023/04/21/ge... The median income statistics don’t matter as you don’t use a median income to buy a home. You use parental money + income to buy a home.