
Originally Posted by
MumblesBadly
I thought banker-cum-macroeconomics-expert handicapme told us not that long ago that young adults in the US are doing just fine economically and can readily afford to buy starter homes and cars and whatnot like their parents and grandparents before them and that all this talk about that generation having it much harder to get started building their solid middle class lifestyles is just some refraining-from-wasting-money-on-avocado-toast or some other kind of spendthrift habits they picked up along the way?
Fucking Price Mumbles.
Starter homes are through the roof as is the rest of non top 1% real estate (that’s not in urban areas, as the notable exception). Someone’s buying them.
Truth is in the middle here - per the norm.