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by claytonjy 961 days ago
I appreciate the pushback and the links!

The third chart in the apartment list link ("Homeownership has been in decline for decades") is exactly the plot I wanted. That chart makes the gap not look so dramatic as either your numbers or the paragraphs surrounding the chart: millennials are within 10% of the boomers at the same age. For the youngest and oldest millenials it's more like 5%.

I'm curious how this has changed since the article's publishing in 2020. Anecdotally, I know a lot of millennials who bought their first home since, but I don't know how widespread that is.

I think some amount of gap is reasonable, especially for the 20s cohort: less likely to have kids, more likely to want to live in a big dense city. Looks like millenials are closing the gap once they hit mid 30s or so, right around when they have their first or second kid and move to the burbs or further. I just can't see being worried or upset about that.