Re:Home Price to Income Ratio
by ac29 on Monday September 20, 2021 @12:44PM
(#28595789)
Of course it is, Millennials are as young as 25 this year. Its doubtful many can afford a house just a few years out of college (and even more doubtful if they didnt go to college). Even those that can may not be ready to settle down and commit to such a large purchase.
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Yeah, but it's still also lower then it was for the older generations when they were at the same age.
Older generations also went to college less frequently, so had less student debt and were able to start buying houses sooner.
citation?