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Folks, it's not laziness, weakness, or entitlement. It's CAPITALISM. Private employment no longer pays enough to live on.
Like, I’ll admit I got a bit lucky. I was able to buy a house at 25. The house was under 90k in a mid size town. That same house about a decade later is about 2x that price now. May salary hasn’t really doubled during that time, so I’d struggle to afford that house now.
"People getting smarter"
Im old enough to remember when the news said it was under 25. Then 30. And now 35.
I'm old enough to remember the last time they raised the minimum wage. (In case you're wondering, it was 2007. And it went from $5.15 to $7.25.)
Average home buyer age in 2000: 35 years old
Average home buyer age in 2026: 56 years old
What I find horrifying about North America's housing situation (I'm in Canada) is that these boomers own these giant McMansions that are only possible to buy with boomer money. My generation doesn't want these giant houses, we can't afford them, we can't furnish them, and we certainly don't have the time or energy to clean all of that, but it's all that builders seem to build (they're the most profitable type of home for a given amount of materials and labour)
Right now they're all trying to downsize into the same homes first time homebuyers want and nobody's buying their gigantic McMansions (look at Florida right now. Nobody is buying and it seems like every house is for sale right now)
Once enough of them can't sell or straight up die (and their kids can't sell) it crashes the entire market permanently. All of these houses get repriced to what they actually should be (good) but it collapses the entire fake money system which is based on inflated house prices (my home country's economy is basically just real-estate speculation)
And of course the group that will be fucked over the most are the young people. It's never the profiteering home owners who caused this whole situation in the first place...
There's also the issue of municipalities being desperately reliant on inflated valuations for housing to get enough property tax. A big enough crash is going to cause towns and cities to run out of money...
currently its mostly tech people at those ages 35-40+ are home owners, followed by STEM grad holders who are in-demand fields including health, but mostly the indemand specific health industries. every other stem holder aint getting an income if they can get the job even, to buy a house.
That's the K shaped economy. What we're seeing right now is the bottom falling out of the 60-70th percentile. I'm hearing of a massive housing correction that should be happening this year or next.
FYI they changed delinquency rules so now they offer homeowners "pay me something and the difference is added to the back of your mortgage" that way it doesn't report in the delinquencies reports. 60% of those fail within a year but it still manages to avoid showing up in the data... There's lots more... Listing sites adding the showroom to real estate websites to represent 300 units, that way they maintain the illusion of scarcity.
35 if you are in tech or a high paying MD/nursing job. every other stem is not possible, let alone jobs are not there.
A third of young adults between the ages of 25 and 35 – 25.2 million people – were living with their parents in 2025. Of those, 70% had jobs, and many held college degrees, highlighting that the increase in at-home living stems from high housing costs rather than labor market conditions.
The national median asking rent is 18% higher than pre-pandemic levels, while the national median home listing price is 34% higher, according to data from the real estate company.
“Every adult still in a childhood bedroom is a household not formed, a lease unsigned, a starter home unpurchased,” said Hannah Jones, a senior economist at Realtor.com.
There it is. The pearl clutching over capitalism. They aren't spending money on buying starter homes!!
Honestly, multi-generational living can be really beneficial. Just not for capitalists.
I grew up in a house with my grandmother, and she was an incredible boon to my parents in taking care of us, plus she stayed surrounded by people who loved her and knew how to care for her (non-technically, things like helping her dress and use the bathroom).
So our family forwent paying for childcare, elder care, and an entire extra household of space, things, and utilities, plus we got the social benefits of having very young and old people together (grounds the young people and teaches them to be gentle while keeping the old people rooted in a community), all for the low price of inter generational living.
thats the way with asian and hispanic families
It's so staggering to remember that for a very long time in human history, something like this was the norm. Now culture often tries to cast this as some kind of weird deviation.
That sounds like a really lovely set up
It was great. I’m a younger millennial who grew up with someone in my household who remembered WWI starting (she had my mom late, and then my mom had me late), which exposed me to a lot of history that most people my age didn’t get.
She was a teenager when the depression began, and because she was the oldest of 14 kids, her parents sent her to a convent to take over caring for her; she was one of the few women of her generation to get a master’s degree; she was living at the base on Pearl Harbor when it was attacked; and she rented out a room in her house to several of the first black students at the university where she taught, because no one else would rent to them. That’s a wild life story.
Unfortunately, I didn’t think about it when I had the chance, but I really regret not recording a set of interviews with her.
and blackstone is owning EMPTY houses, not blackrock apparently. all due to airbnb, and similar services.
Multigeneration households are great if they actually plan for it. Starting a family in a house thats already servicing a full family can be difficult and many of them probably can't afford to upsize to a more reasonably sized household if needed. Multigeneration living alone still wouldn't fix the housing crisis but it could relieve some pressure and could be a more affordable option for those able to do it.
"A starter home unpurchased"
When have "starter homes" been a thing in recent history?! LMAO. In a lot of places everything is a very specific "single family" size starting at like "low 400s" all the way to a million.
One would have to look for such a place "with good bones", because it's not the most profitable development type anymore, and even if they did make them, new constructions are hastily thrown together as cheaply as possible before being covered with a pretty facade.
They fall apart quick, because their primary purpose is to sell.
starter homes in 70-90s year, and only up till 2004 in my area. now its just a "luxury prices" for a mediocre starting home.
Honestly, multi-generational living can be really beneficial. Just not for capitalists.
Indeed. I mean, I'm assuming most of these people are doing this involuntarily, but if we are doing real talk, the idea of the single-family unit that can be plucked up and plopped down anywhere in the country is something that is mostly in service of capitalism, not necessarily for happiness of the individual, non-atomic-family cohesion, etc.
It seems like nearly all of the culture casts anyone that doesn't leave their parents' home by the end of high school or at the end of college as being utter failures and losers, and not worthy of romantic partners, or worthy of really any respect and so on. How much of this is orchestrated is hard to really say, but Hollywood certainly doesn't help.
Sounds like parents left their children a shit world to grow into.
its the boomers in congress, corps like blackstone, or other real estate vultures. and white NIMBY areas.
You know what else is at an all time high?
Corporate ownership of homes. Funny, huh?
I bought my first house with my mom. She couldn't afford to buy one on her own and I couldn't either. US is fucked. Eat the Rich and build homes form their bones.
I expect my children to stay with me forever. Then they can have the house.
