The majority of voters under 30 said it has become harder to buy a house, raise a family and get a good job in comparison to the previous generations, according to a new poll.
The majority of voters under 30 said it has become harder to buy a house, raise a family and get a good job in comparison to the previous generations, according to a new poll.
Why do a quarter think that it’s the same or easier?
This isn’t a subjective thing, it’s 100% proven at this point.
It’s real easy to purchase your first home, all you need is a can-do mindset, an always-hustle attitude, and a small $2m loan from your dad. Anyone can do it!
Cos they already born with enough money to do it WO any problem?
25% of the population is not born with enough money to do it without any problems.
Top 25% probably yes…
No, go look it up. Top 5% maybe…
These numbers are always a little fucky unless you really want to go combing through some incredibly dull spreadsheets, reports, statistics, etc. to find exactly what you’re looking for
But from a couple minutes of googling, it looks to me like the top 25% of income in the US puts you at around $100k/person, give or take maybe about 10K or so depending on where exactly you’re sourcing those numbers.
That’s of course only part of the picture, net worth, investments, all kinds of creative accounting, etc. also play into that, but I only have so much patience to comb through all of it.
That’s not what I’d consider wealthy, but I’d probably consider that to be a pretty comfortable income for a lot of people. Again, a lot of variables there, but in general that would probably be enough to make sure your basic needs are all covered, and probably to save a decent bit on top of that, be able to send your kids to a decent college and pay for at least part of it out of pocket, and at least generally enough to give you a leg-up over a family making the median income at about half of that.
25th percentile for median household income is only $133,000 per year, that’s not per person, that’s the entire household. You’re still working a full time job (or likely more) for that kind of wage. You probably also live in a high cost of living area. That’s comfortable, but hardly what I’d consider “easier” than the previous generation.