It doesn’t account for things like the median home price in 1950 being ~$7000 vs over $400,000 today. The chart doesn’t show a peak earning increase of 10x between the Silent Generation vs GenX, which seems to have done the best, albeit only briefly. Adjusting the average home price for CPI makes a ‘50s $7k home less than $100k today.
None of your charts say anything for first time home buyers. Total home ownership percentage is meaningless when you’re also trying to assert what you are about younger generations. My wage isn’t made any more livable because my grandparents bought a house in the 60s.
When you focus so hard on limited statistics your conclusions are similarly limited. Consider this: in 2022 the percentage of college educated people in the US actually went down from previous years. That’s never happened before because college has never been as unattainable as it is now. Unemployment rates are the lowest they’ve been in decades, but places like restaurants are being forced to close because they can’t fill low paying positions. Either young people are bound and determined to die penniless and uneducated, or there’s some problems you’re conveniently ignoring.
Meaningless chart.
It doesn’t account for things like the median home price in 1950 being ~$7000 vs over $400,000 today. The chart doesn’t show a peak earning increase of 10x between the Silent Generation vs GenX, which seems to have done the best, albeit only briefly. Adjusting the average home price for CPI makes a ‘50s $7k home less than $100k today.
Home ownership right now is still pretty high
Just because it was cheaper doesn’t mean people could afford them
None of your charts say anything for first time home buyers. Total home ownership percentage is meaningless when you’re also trying to assert what you are about younger generations. My wage isn’t made any more livable because my grandparents bought a house in the 60s.
When you focus so hard on limited statistics your conclusions are similarly limited. Consider this: in 2022 the percentage of college educated people in the US actually went down from previous years. That’s never happened before because college has never been as unattainable as it is now. Unemployment rates are the lowest they’ve been in decades, but places like restaurants are being forced to close because they can’t fill low paying positions. Either young people are bound and determined to die penniless and uneducated, or there’s some problems you’re conveniently ignoring.