>>917120122In the '80s, the median house price was three or four times the median salary.
The median house price is now over ten times the median salary.
Houses are now more than twice as expensive.
In the '80s, wage inflation was in the double digits, so the real value of your mortgage inflated away. When wage inflation is high, you're better off taking on debt to buy assets that hold value.
Wage growth is now stagnant. Your mortgage maintains its real value. When wage growth is stagnant, you should avoid debt.
Should zoomers shut up and deal with it? I dunno. But objectively, housing is a lot more expensive now. I'm just a jaded Gen-X. I'm hated by boomers and zoomers alike.