I agree it feels that way, but I can understand a lot of kids would throw their hands up in the air.
I would be shitting myself being a kid going into the housing market, especially when the boomers tell me how hard it was paying 20% interest.
20% interest now on the average property would be more than probably the whole average gross wage…
Work 2 jobs they say, well if you work and your wife now works isn’t that 2 jobs anyway, I think anyone who tries to argue it’s easier now than 40 years ago even with interest rates at their peak of 20% has their head in the sand imo
You also had higher wage growth, cheaper multiples, higher returns on your money in the bank etc
