It’s more fair to compare generations at the same point in their lives. In the latest NAR survey, first time homebuyers are now aged 40 on average. This compares to age 31ish in the 2000s, and late 20s in the 80s. So, I think Millennials are still relatively worse off, even if they’re nominally OK now.
It was only a matter of time. Too many people compare their start (their financial position in their 20s) to other people's finish (their parents' financial position at retirement). One would hope someone at 65 has more than someone at 25. That isn't a sign of things being unfair, it's simply a sign of 40 years of saving, investing, and promotions.
It’s more fair to compare generations at the same point in their lives. In the latest NAR survey, first time homebuyers are now aged 40 on average. This compares to age 31ish in the 2000s, and late 20s in the 80s. So, I think Millennials are still relatively worse off, even if they’re nominally OK now.
1. https://www.realtor.com/news/trends/first-time-homebuyer-med...
It was only a matter of time. Too many people compare their start (their financial position in their 20s) to other people's finish (their parents' financial position at retirement). One would hope someone at 65 has more than someone at 25. That isn't a sign of things being unfair, it's simply a sign of 40 years of saving, investing, and promotions.