Many Millennials Will Likely Never Own A Home
There are a lot of issues with Millennials, one of the biggest being the growth of poverty and misery. As a result, many Millennials find themselves not being able to put together the finances to ever own a home, and this is having disastrous consequences on the formation of families and the future. However, many are looking at homes, dreaming about what they could or might have, but knowing they can never have it.
Despite the apartment’s humble size and middle-class appearance, owning it is an impossibility. A daydream, nothing more. Millennials are less likely to buy a home than previous generations were between the ages of 25 and 39, and it isn’t because we don’t want to. Research shows that we do.
But as homeownership becomes less of a reality and more of an illusion, many of us resort to merely imagining ourselves in our own homes via the internet. Websites like Zillow, StreetEasy, and Realtor.com or real estate-dedicated Instagram accounts like @circahouses or @cheapoldhouses allow many of us to daydream about the security and stability that we could have if we could buy a home. Meanwhile, we’re stuck renting, which, even with a decent landlord, research shows is destabilizing and mentally unhealthy compared with homeownership.
“The only thing that makes me feel less mad about all the pretty houses I walk by that I look up to see I can’t afford is how fugly the interiors are via StreetEasy,” says Laura, a digital strategist in New York who requested anonymity. “When I see an interesting-looking building, I always look it up. I want to know how much it’s ‘worth’ and how much it has appreciated over time. But also to see what ugly ass shit the current owners have done with the inside.” (source)
This won’t be a major issue for 2020’s election.
But 2024 will be a different story, especially as the generation, which will be fully into their 30s and some their 40s at that point, realize they have never been able to approach anything of the American dream, and then will want a politician who will seek “justice” for their situation. That is when things will become very interesting, for extremes in one direction are often met by the same with the opposite means…
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