OK Boomer

A statistical rebuttal of the Boomer perspective:

Faced with higher property prices and piles of student debt, Americans are getting older and older before they buy a home. The median age of first-time home buyers has increased to 33, the oldest in records dating back to 1981, according to a National Association of Realtors report released Friday. The median age of all buyers also hit a fresh record, 47, increasing for a third straight year — and well above the median age of 31 in 1981…. As buyers’ ages have increased, so have their incomes. The typical income of purchasers rose to $93,200 in 2018 as a lack of affordable options squeezed lower-income potential buyers out of the market.

If those Millennials weren’t so lazy, they’d make that $93k per year right out of college, which they should have worked their way through, right? But hey, it’s nothing that importing 100 million more low-income third worlders can’t cure….


Leave a Reply

Your email address will not be published. Required fields are marked *