return2ozma@lemmy.world to News@lemmy.world · 1 day 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-square16fedilinkarrow-up182arrow-down18cross-posted to: [email protected]
arrow-up174arrow-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 · 1 day agomessage-square16fedilinkcross-posted to: [email protected]
minus-squareempireOfLove2@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up47·edit-21 day 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-up14·1 day agoOther costs like health care, child care, and education have also exploded. Even less of that median income is disposable income.
minus-squareIronBird@lemmy.worldlinkfedilinkarrow-up1·edit-25 hours agono no, don’t you see…we’ve changed they cpi/ppi calculations so everythings fine
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.
no no, don’t you see…we’ve changed they cpi/ppi calculations so everythings fine