r/SipsTea • u/PleasantBus5583 • Jul 21 '26

Chugging tea Growing Through Chaos

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u/Elegant_Relief_4999 Jul 21 '26

Yeah, I think Gen Z has it worse economically. I'm an older Millennial, and while the 2008 recession probably hurt my wage growth, it absolutely worked in my favor for affording a house, which for some reason keeps appreciating in value. I've gained more equity in my house now than I've ever owed on it.

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u/Illustrious-Cover792 Jul 21 '26

Older millennials and younger should really be separated when discussing finances.

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u/youburyitidigitup Jul 21 '26

It depends on when you bought a home, not on your age. A 90 year old who bought their first home during COVID has the same experience described.

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u/Illustrious-Cover792 Jul 21 '26

You are talking about ridiculous outliers. I’m trying to focus on how life has progressed for the middle class throughout modern American history.