this post was submitted on 05 Nov 2025
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[–] jonathan7luke@lemmy.zip 21 points 4 months ago* (last edited 4 months ago) (1 children)

The median age of first-time buyers rose to 40 in 2025 from 38 the year before, and is up sharply from 33 just five years ago

In case anyone else was wondering what "typical" means, they're referring to the median. Not sure why they wouldn't put that in the headline since, unlike "typical", it actually has a clearly defined mathematical meaning.

[–] Thedogdrinkscoffee@lemmy.ca 7 points 4 months ago

A man on the street interview with random people would reveal less than 10% that could define mean, median and mode on the spot. Numeracy is not a strong point. For Americans, doubly so.

87.6% of facts are made up on the spot.

[–] adespoton@lemmy.ca 5 points 4 months ago

I bought my first home when I was 42. I started saving up for it when I was 25. Nice to see the average is catching up.

Eventually the average will be so high that something will finally break, as only the privileged few who inherit will own land.

[–] Tollana1234567@lemmy.today 4 points 4 months ago

for non uppermiddle class tech people, who can earn enough.

[–] Perspectivist@feddit.uk 3 points 4 months ago

I bought my current house when I was 27. Not a big house but house nevertheless. Hands down the best purchase of my life. Gives me chills to think I was about to buy an apartment first.