No, it is unaffordable without parental help, which record numbers are getting.
The rate younger generations are buying homes is at its earliest with Gen Z. Gen Z owns more homes at their age than prior generations [0].
[0] https://www.forbes.com/sites/katherinehamilton/2023/04/21/ge...
The median income statistics don’t matter as you don’t use a median income to buy a home. You use parental money + income to buy a home.
No, it is unaffordable without parental help, which record numbers are getting.
The rate younger generations are buying homes is at its earliest with Gen Z. Gen Z owns more homes at their age than prior generations [0].
[0] https://www.forbes.com/sites/katherinehamilton/2023/04/21/ge...
The median income statistics don’t matter as you don’t use a median income to buy a home. You use parental money + income to buy a home.