Generation Z leads in home ownership, beating out millennials & Gen X (FORBES)

I partly agree. But there is some commonality.

Gen X was the first electronic generation. Etc,

If nothing else the commonality is place in time.

What is about to happen to genZ is worse. They are going to get their anti-American anti-capitalist communist utopia and the state will just seize all their houses and force them to rent. They will own nothing and be happy. Half of them won't even raise a fuss, because they have to save the planet.

So, they already own?

Or just paying?

big difference.

Which gen has more owner with a paid off house?

I completely agree with you.

Every generation has had trouble hanging into homes at one time or another.
30 year mortgages are tough to survive as you need lots of good luck and hard work to survive it.

My own father has to keep 3 jobs for awhile to endure hardship times that most people see during 30 years.

If someone buys a home in their 20s chances are good that before they are 50 they or someone in the family will have an expensive medical need or a lawsuit of some kind.

Then, even if they do manage to pay off the home very few young people realize how expensive just the ever rising annual property tax bill is along with constant rising home insurance and utilities will be.

Then there is the normal aging of the homes, most right about the 15 year mark of a new homes age will require massive updating, the central air/heaters wear out, the roof needs replacing.
Most people at this time have their mortgage note rewritten to afford the costs which kicks the home payoff down the road even further, at this time payoff may not happen now until the owner is in their 60s.

I don't see many new young home buyers with enough gumption, determination and stamina and basic goodluck to last a 30 year mortgage.

Kind of figured the numbers were some what manipulated.

In my early 20s I was too busy moving around and living in different countries to settle a buy a house.

I don't believe it. Hard to find a gen z'er that even holds down a full time job.

More lies.

The U-Tubers really found a goldmine with their merchandise sales of T-shirts and mugs. They probably don't even have to keep much stock on hand, and they act just like a middleman, and just place the orders for their customers, and they get shipped directly from the manufactures.

Now that I don't have cable, I watch a ton of U-Tube channels.

Gen Z is the new Boomer

Getting rich from tiktok they'll be broke soon lol

Bingo, there you go parents are gifting them the money to GTFO of their house.

Now do it without the sluts on OF/IG

Z = last

Gen Z is the last generation to reach adulthood before the Mark of the Beast.

There are 68.6 million Gen Zs living in the United States. 64% of Gen Zs use Instagram at least once per day. Climate change is Gen Z's greatest fear. Gen Z is more likely to receive therapy or mental health treatment than any other generation.

That's for sure, for working stiffs with no other sources of income.

Even with rental properties and flipping houses it can be difficult, with all the competition out there.

I'm lucky in that I inherited 3 properties, 2 through my wife's grandmother, and 1 through my parents. Those properties put me way ahead of the game. It's great not having a mortgage, and only $250 a month in property taxes.

this lol

There should be a button for CORPORATE AMERICA BULLSHIT.
FORBES will likely be printing articles that only people who are Satanists and Trans run successful businesses.

Less lazy white people and more hard working Brown people

Replacement shows who really works

Because their parents dropped dead from the experimental injection and they inherited the home other than living in the basement.

OHHHHnly Fanzzz for the win. Stop giving hoes your money

Their parents are giving them the down payment duh. I'm gen X we didn't get shit from our parents. My nephews were getting paid $50 dollars each to pick up sticks from THEIR OWN house by their father at the age of 12. This continues into their adulthood. Rich aunt who never married is paying for their college now, wherever they want to go. I try not to be jealous but, damn. I'm still paying my loans off after 20 years. Still renting.

you forgot onlyf=== op

its just made up bs they are trying to say since 2020 the jobs market has become so great. in reality they are pushing this on multiple news sites because the housing market is fucking dead and they are hoping some last minute rivalry between millennials and gen zers will prop it up for another couple months with fake numbers.

Is it a contest?

[link to youtube.com (secure)]

Yup their 2008 hasn't happened quite yet, but it's about to.

Very common. Boomers and greatest generation bought their kids houses like crazy!! When they only cost 15$k

Us Gen Xers also got screw with these following big financial downturns - 9/11, the recession, and Covid. Don’t forget us Gen Xers are also the shit sandwich generation who is raising our gen z kids and taking care of spoiled financial irresponsible parents.

The great circle of life, lol

[Verse 1]
I was a young boy that had big plans
Now I'm just another shitty old man
I don't have fun, and I hate everything
The world owes me, so fuck you
Glory days don't mean shit to me
I drank a six-pack of apathy
Life's a bitch, and so am I
The world owes me, so fuck you

[Chorus]
Wasted youth, and a fistful of ideals
I had a young and optimistic point of view
Wasted youth, and a fistful of ideals
I had a young and optimistic point of view

[Verse 2]
I've decomposed, yet my gut's gettin' fat
Oh my God, I'm turnin' out like my dad
I'm always rude, I've got a bad attitude
The world owes me, so fuck you
The wife's a nag, and the kid's fuckin' up
I don't have sex 'cause I can't get it up
I'm just a grouch sittin' on the couch
The world owes me, so fuck you

[Interlude]

[Verse 1]
I was a young boy that had big plans
Now I'm just another shitty old man
I don't have fun, and I hate everything
The world owes me, so fuck you
Glory days don't mean shit to me
I drank a six-pack of apathy
Life's a bitch, and so am I
The world owes me, so fuck you
The world owes me, so fuck you
The world owes me, so fuck you

- The Grouch - Green Day

Yup, my father was a drunk abusive alcoholic lawyer who hid all his money, my mother got screwed in the divorce, the money she inherited from her father she wasted redecorating two houses and is now virtually penniless, so we'll be getting nothing from either parent, and now we have to pay my mother's rent

They lead in homeownership at 25 years of age.

The title of the thread and the article are misleading. They're saying that Gen Z at age 25 is more likely to own a home than Millennials / Gen X when they were 25.

Which makes absolute sense, given that neither of those two other generations were experiencing near 0% interest rates when they were 25.

Not to mention, remote positions have made it easier for people to obtain homes, as they no longer need to reside in the city their job is located in. Giving people freedom to move to more affordable / rural area's.