Millennials Have the Children, but Boomers Have the Houses

I'm a Millennial and have had a house for 10 years with 3+ bedrooms. The housing market is shit now, but I was hearing the exact same things 10 years ago (too expensive, impossible to get a house, etc) when the market was good.

Many people want houses in the most desirable areas and have unrealistic expectations on prices. I have a house within a reasonable distance from a major city, but not in the city itself.

Always makes me chuckle, hearing 'boomer'.

The article itself or the study it was based on are not that interesting

Main points that stood out to me:

— Millennials, despite being the largest generation, own far fewer large homes than empty nesters.(Large homes are defined as having 3+ bedrooms).

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— Empty nesters are financially incentivised to stay in their large homes due to paid-off mortgages and high current housing costs.

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— A mismatch in supply & demand, hindering millennial homeownership.