03/25/2026
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Decades ago, many Baby Boomers were able to purchase homes for around $30,000 on a single income, building long-term wealth through real estate appreciation. Housing was significantly more accessible relative to wages, allowing for widespread homeownership.
Today, Gen Z faces a drastically different reality, with soaring home prices and higher interest rates forcing many to work multiple jobs just to afford rent. Homeownership has become increasingly out of reach for younger Americans.
This growing divide between generations highlights the long-term impact of rising housing costs and stagnant wage growth. What was once a foundation for building wealth has now become one of the biggest financial barriers facing the next generation.
Source: U.S. Census Bureau