I'm a Millennial and have had a house for 10 years with 3+ bedrooms. The housing market is shit now, but I was hearing the exact same things 10 years ago (too expensive, impossible to get a house, etc) when the market was good.<p>Many people want houses in the most desirable areas and have unrealistic expectations on prices. I have a house within a reasonable distance from a major city, but not in the city itself.
Always makes me chuckle, hearing 'boomer'.<p>The article itself or the study it was based on are not that interesting<p>Main points that stood out to me:<p>— Millennials, despite being the largest generation, own far fewer large homes than empty nesters.(Large homes are defined as having 3+ bedrooms).<p>+<p>— Empty nesters are financially incentivised to stay in their large homes due to paid-off mortgages and high current housing costs.<p>=<p>— A mismatch in supply & demand, hindering millennial homeownership.