The Laziest Generation
5 hours ago
- #financial sustainability
- #generational wealth gap
- #housing affordability
- The author contrasts earlier generations' ability to afford homes through frugality with the current generation's perceived financial irresponsibility, noting rising home prices from $12,000 to $1 million.
- The author questions the feasibility of homeownership today, citing a local flyer showing homes around $970k, which would require an annual income of $250k-$360k to afford.
- The author expresses concern about the sustainability of the housing market, predicting homes could cost $10 million for future generations and suggesting a potential collapse.