I'm curious what years you think this applies to.
I'm curious what years you think this applies to.
I think this is the first time I get to be like, "kids today don't know how hard we had it", so that's a neat experience I suppose. What I won't say is that I think they've got it any easier; indeed it seems like every generation since X has gotten a worse deal.
Gen X especially had some really amazing opportunities, but income to purchasing power has been more favourable for pretty much the entire time Gen X was coming of age.
Personally, I'm just thinking about what entry-level salaries were 15 years ago compared to the cost of real estate, and I could see a clear path to homeownership for a lot of people entering the workforce at that time, even outside of the top 10% paying jobs
Gen Z unfortunately doesn't really have a practical path to homeownership (in big western cities anyway) outside of A) inheritance/family support, or B) entering the workforce into a position that would put them in the top 3-5% of their cohort
Millenials definitely didn't have it as easy, most were in their first years of career (1-5 years) when 2008 happened.
Not sure what sort of rose tinted glasses you have about the 00s but they were a lot worse than today.