James W Lamprey
Boomers vs. Millennials: Who REALLY Had It Easier Buying a House? The greatest housing debate of our time explored through data, not opinions. Was it really easier for Baby Boomers to buy their first home? Headlines. Social media debates. Arguments at dinner tables. It’s been talked about forever, and neither side is likely to stop talking any time soon. Baby Boomers remember mortgage rates in the double digits and how they couldn’t afford a house until they were in their 30s. Millennials know home prices have skyrocketed, student loan debt is at an all-time high, and there are fewer houses for sale than any other time on record. Each generation has some legitimate points. But they’re also missing some important context. Boomers vs. Millennials looks at the facts instead of the opinions. Author James W. Lamprey approaches one of the most debated financial topics of our generation objectively and uses hard data to compare how difficult it has been to buy a home for every generation. Inside you will discover: The role inflation plays in how we think about home prices Why mortgage interest rates are more important than you think How bigger homes and rising expectations have changed the market The impact student debt, wages, taxes, and household expenses have had on Americans over the last five decades How comparing $35,000 to $400,000 is ridiculously misleading Which generation had it the hardest...and the myths that just won’t go away. Stop leaning left or right and consider the facts presented in this book before making your own conclusions about how the American dream of homeownership has changed over the years. Buy this book whether you’re a first-time home buyer, real estate agent, seasoned investor, economist, or you’ve wondered 'who had it easiest?' at some point. Because it’s not as black and white as Boomers vs. Millennials.
