this post was submitted on 24 Jul 2023
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Gen X here. Couldn’t buy a house until I was 35.
I'm 41 and we are two families crammed into one house.
My next door neighbors are in the same situation
Millennial here. Over half of my friends will never own a house. And we are in the cheapest part of Canada to buy houses in.
Well. At least we both will never get to retire!
Spent all of my retirement savings to buy 1/4 of a house that will take 30 years to pay off. If I'm lucky I can start saving again when I'm 65.
I work union. I will be able to retire. But only because I work for a union.
I'm a millennial but I was gonna say this meme would be more appropriate if you replaced millennial with Gen X, you guys got the shit end of the stuck just like the rest of us unfortunately.
They got more affordable housing than we did though. Young millennials have to deal with $500K+ houses, but genX had $100-200K houses throughout the 90s and early 00s during a booming economy.
Nothing like boomers though, with their cheap ass sub $100K houses.