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All the chaos of Tumblr, without actually going to Tumblr.

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[–] railcar@midwest.social 0 points 7 months ago (1 child)

Most millennials don't own a home. Home ownership at the same age boomer > Gen x > millennial. Just focusing on the fraction that owns a home ignores the vast majority who don't. It tracks that the ones who own a home have intergenerational wealth, as that divide widens it's the only way it's feasible. But it's still a small minority of the population

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[–] TubularTittyFrog@lemmy.world 1 point 7 months ago*

55% of millennials own homes. Stop spouting nonsense. In another 5-10 years that number will go up substantially, as they age into the median homebuyer age of 40. I bought my place at 37, over 5 years ago.

65% of people own homes in the USA. You are again, making crap up that is not true. A minority of people don't own homes, and most of them are in their 20s and 30s because they haven't built up enough money to own one yet.

And yeah, you won't ever own one if you're a doomer who is YOLOing all your savings away, like many 20/30 somethings I know. Instead of dropping fat stacks traveling the globe or chasing trends, maybe you should be saving and investing.

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