zedgeist@lemmy.world to me_irl@lemmy.world · 9 months agome_irllemmy.worldimagemessage-square36linkfedilinkarrow-up1722arrow-down10
arrow-up1722arrow-down1imageme_irllemmy.worldzedgeist@lemmy.world to me_irl@lemmy.world · 9 months agomessage-square36linkfedilink
minus-squareikt@aussie.zonelinkfedilinkarrow-up3·9 months agoI think he meant to say Gen Z monopoly? Over half of us have a home: The story is similar for millennials: 54.9% of millennials owned their home last year, essentially https://www.redfin.com/news/homeownership-rate-by-generation-2024/ Same in Australia Over half (55 per cent) of Millennials, 25–39 year olds, are homeowners compared with 62 per cent of Generation X and two thirds (66 per cent) of Baby Boomers when they were the same age. https://www.abs.gov.au/media-centre/media-releases/owning-home-has-decreased-over-successive-generations edit: just realised this tweet is from 2018
minus-squarefunkless_eck@sh.itjust.workslinkfedilinkarrow-up8·9 months agothe significant part is millennials are now in their 40s roughly. That’s much later than the last few generations. i don’t deny its worse for gen z, we can still complain it got worse while its getting worse still.
minus-squareNoneOfUrBusiness@fedia.iolinkfedilinkarrow-up1·9 months agoThe fact that of people in their 30s and 40s only half own their home is pretty bad, so… yeah.
I think he meant to say Gen Z monopoly?
Over half of us have a home:
https://www.redfin.com/news/homeownership-rate-by-generation-2024/
Same in Australia
https://www.abs.gov.au/media-centre/media-releases/owning-home-has-decreased-over-successive-generations
edit: just realised this tweet is from 2018
the significant part is millennials are now in their 40s roughly. That’s much later than the last few generations.
i don’t deny its worse for gen z, we can still complain it got worse while its getting worse still.
The fact that of people in their 30s and 40s only half own their home is pretty bad, so… yeah.