, Columnist
Generation Z Is Getting a Bad Deal on Housing
Cheap mortgages over the last decade have enabled millions of millennials to buy homes, but it’s harder for younger buyers.
Ready for a new generation of homeowner.
Photographer: Bing Guan/Bloomberg
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Becoming a financially secure adult is hard. Establishing yourself in your career, securing a home, starting a family … it’s a struggle as old as the modern economy, maybe even civilization itself. As is the lament of every generation that they have it worse than their forebears.
Millennials, assisted by the internet, have made an exceptionally fine art of intergenerational ranting. For the last 10 years they have been saying that earlier generations not only had it easier, but they also robbed millennials of resources.