Quote from: Surly1 on Jan 09, 2025, 03:06 PMIt is already all but impossible for younger generations to purchase a home.
Can you quantify "all but"? My daughter did it in the most expensive non-coastal city in the US by the age of 25. The boy could as well, but is choosing not to. I work with quite a few reasonably young people, say 24-29, generally well educated, and more than a few of them own homes. I oresume others will get them after they settle in at work.
By no means do these folks represent "younger generations" at large as they went to college, didn't get degrees in basket weaving, and then went job hunting. But if "all but impossible" just means "those who can't be bothered to want to do anything with themselves other than McDonalds" that is different. Are there stats on what constitutes "all but impossible" to you?
I am just watching out for a standard representation that occurs often online, which is representing the exception as the norm, when in fact it might just be...."more often than it used to be".