jumpingjacktrash:

copperbadge:

allthecanadianpolitics:

Want to know why Millennials and Gen Z aren’t going to be buying very many homes in the future. This is why.

This is not the same economy and housing market that our parents or grandparents grew up in. You can’t just simply work for a few years to buy a home. Not in 2018.

I would never have been able to buy a home were it not for my parents giving me the money for the down payment, which they themselves got from an inheritance. The only other option I would have had was a down payment assistance program for first-time home buyers, which would have given me roughly half of what I needed. 

also gen-x is in our 40′s and only now becoming able to buy homes, which squeezes millennials further.