RE Boomers have it easy. I'm a late boomer and so graduated from college and law school in very much down-times; the late seventies and the early eighties, the era of stagflation. Few jobs to be found. Auto loan rates were high. When we bought our first home in 1989, the price of housing was rising every month, interest rate on our mortgage was almost 9% and you HAD to have a ten percent down-payment in order to get a mortgage. It was very difficult for us to get our first modest house and we were only able to afford it because it needed a lot of work.

Our oldest bought a house in late 2020 in the Dallas area and they did get into the market just in time---the same house plan is now selling in their development for $150,000 more than they paid. Our youngest doesn't have a prayer of buying a house in THIS market but I think it's safe to say that they will be able to eventually.