A Generational Wealth Gap: Housing Is Unaffordable for Young People (realtyhop.com) 4 points by vwoolf 2y ago ↗ HN
[–] throwawaysleep 2y ago ↗ No, 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/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.
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[ 5.6 ms ] story [ 15.8 ms ] threadThe 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/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.