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zedgeist@lemmy.world to me_irl@lemmy.world · 1 month ago

me_irl

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me_irl

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zedgeist@lemmy.world to me_irl@lemmy.world · 1 month ago
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  • ikt@aussie.zone
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    1 month ago

    I 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

    • funkless_eck@sh.itjust.works
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      1 month ago

      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.

    • NoneOfUrBusiness@fedia.io
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      1 month ago

      The fact that of people in their 30s and 40s only half own their home is pretty bad, so… yeah.

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