return2ozma@lemmy.world to News@lemmy.world · 19 days agoCorcoran Group CEO says Gen Z’s housing market struggles mirror what boomers faced 30 years ago: ‘Stop buying Starbucks coffee,’ she advisesfortune.comexternal-linkmessage-square11linkfedilinkarrow-up119arrow-down10cross-posted to: [email protected]
arrow-up119arrow-down1external-linkCorcoran Group CEO says Gen Z’s housing market struggles mirror what boomers faced 30 years ago: ‘Stop buying Starbucks coffee,’ she advisesfortune.comreturn2ozma@lemmy.world to News@lemmy.world · 19 days agomessage-square11linkfedilinkcross-posted to: [email protected]
minus-squareempireOfLove2@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up8·edit-218 days ago30 years ago huh? 1995: Median Household Income $34,076/yr Median House Price $114,600 2024 (only year with finalized data): Median Household Income $83,730/yr (+145%) Median House Price $419,300 (+265%) Fuck yourself with a cactus stupid CEO lady
minus-squareBrianTheeBiscuiteer@lemmy.worldlinkfedilinkarrow-up5·18 days agoOther costs like health care, child care, and education have also exploded. Even less of that median income is disposable income.
30 years ago huh?
1995:
Median Household Income $34,076/yr
Median House Price $114,600
2024 (only year with finalized data):
Median Household Income $83,730/yr (+145%)
Median House Price $419,300 (+265%)
Fuck yourself with a cactus stupid CEO lady
Other costs like health care, child care, and education have also exploded. Even less of that median income is disposable income.