- Feb 22, 2017
- 109,239
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I'm doing great because we bought our house 20 years ago. My kids, both with professional, degreed jobs and in their 20s, cannot even look at buying a house. They can barely afford rent (and no, they don't live with us).
No one in their generation is able to get close to the "American dream". If you want to argue with that, go find 10 Gen Z people and argue with them. Whatever you're doing, it's not working.
Do most of them even want to buy a house? My daughter is 29 makes more a year than either the wife or I and she has no desire at all to buy a house. She likes being mobile, likes being able to go where the job takes her.
Owning has some benefits, but also has negatives.