top | item 40530093 A Generational Wealth Gap: Housing Is Unaffordable for Young People 4 points| vwoolf | 1 year ago |realtyhop.com 1 comment order hn newest throwawaysleep|1 year 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.
throwawaysleep|1 year 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.
throwawaysleep|1 year ago
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.