return2ozma@lemmy.world to News@lemmy.world · 2 months 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-square17fedilinkarrow-up196arrow-down18
arrow-up188arrow-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 · 2 months agomessage-square17fedilink
minus-squareempireOfLove2@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up54·edit-22 months 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-up18·2 months 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-22 months 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