bliblaHell Yeah
Just a constant reminder that gen home ownership by individuals is up. But who cares, let’s be doomers all the time. The economy certainly didn’t have any effect on anything important like an election or something.
Fuck gen z. Millennials have had it way worse and have been beaten to death by the economy since our late teens.
Graduated in 09. No mommy money here 🤷♂️.
When did you buy? 2017/2018/2019?
The last time I could even think of getting a house was back then, and the prices here went up at least four fold.
Most millennials I know can’t afford houses and never could. If they didn’t buy before covid they can’t buy until the market crashes again.
No, they did not increase 4x. Stop that, you sound silly.
2 years ago I purchased.
And while I understand your peer group may be struggling the group as a whole is still in largly able to afford homes over a 60% rate which is quite competitive in the Western world.
Don’t get me wrong, we should strive to improve housing, it’s just not the dystopia that the memes and shitty media would have you believe.
In vermont where I live, $150k houses are now nearly $600k.
The market in vermont is a bubble. Full of wealthy people from NYC and Boston pushing out locals.
The bubble WILL pop.
I very much doubt it. I doubt you’ll give me a zip code but there are incredibly few markets dealing with those increases. I won’t go to say it is impossible but it would be incredibly localized and an outlier on a national scale.
Vermont. Especially the commuting towns to the ski areas.
UnderpantsWeevilWhen all the expats and retires decide to move back to New York?
No no no. Those prices aren’t coming down any time soon. This isn’t 2008. There’s no flood of liar loans to default on. These are fixed prices going forward.
Considering our health system is collapsing, I’m hoping they die / move back for healthcare.
Or the stock market crashes and all of their play money vanishes.