Comment on Finance guru Dave Ramsey slams 'awful' Gen Zers and millennials who live with their parents: 'They suck. They can't buy a house because they don't work'

bartolomeo@suppo.fi ⁨2⁩ ⁨months⁩ ago

Why does the article mention his stupid opinion and then refute it with statistics?

At the turn of the millennium, the median house sold in the U.S. went for $165,300, per the St Louis Fed.

By the end of 2023 that median had increased more than 150% to over $417,000—excluding a peak at the end of 2022 when it sat at near $480,000.

The National Association of Realtors has highlighted income hasn’t kept pace—for more than half of 2023, the median family income didn’t meet the qualifying income to be able to purchase an existing home with a 20% deposit.

For those who may want to move out of their mother’s basement, rent has also more than doubled in the past 20 years while the median household income has increased just 10%, per the St Louis Fed.

Just leave that ghoul in the dustbin and quit feeding him.

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