me_irl

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me_irl (lemmy.world)

submitted 1 week ago by zedgeist@lemmy.world to c/me_irl@lemmy.world

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[–] Eyekaytee@aussie.zone 1 points 1 week ago* (last edited 1 week ago) (2 children)

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 7 points 1 week 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 0 points 1 week ago

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