I did a PhD so I was a little late to the "real world" than other millenials. And I gotta say GenZ are in a much worse boat than millenials depending on location. In the Toronto area I'd say there's a lucky subset of millenials who will never afford a home but have been in a rent-controlled unit for a few years. Idk how affordable having an apartment to yourself would be for gen z. To spend only 35% of your income on rent in Toronto right now for a 1 bedroom you'd need to be in the top quintile for HH income.
I think I joked previously the millenial experience was going on zillow to look at houses you'll never afford while the genz experience is looking at apartments you'll never afford.
Literally me rn but I'm gen z
I'm an elder millennial but you guys are in the same boat. No idea how we're going to afford housing down the line.
I did a PhD so I was a little late to the "real world" than other millenials. And I gotta say GenZ are in a much worse boat than millenials depending on location. In the Toronto area I'd say there's a lucky subset of millenials who will never afford a home but have been in a rent-controlled unit for a few years. Idk how affordable having an apartment to yourself would be for gen z. To spend only 35% of your income on rent in Toronto right now for a 1 bedroom you'd need to be in the top quintile for HH income.
I think I joked previously the millenial experience was going on zillow to look at houses you'll never afford while the genz experience is looking at apartments you'll never afford.
I specifically meant I'm getting my degree in physics so I can do this