Kyla Scanlon on the Generational Homeowning Gap

Kyla Scanlon on the Generational Homeowning Gap

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Business

University

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The video discusses how building wealth in the U.S. is traditionally linked to home ownership, but rising mortgage rates and home prices are making it difficult for many, especially millennials and Gen Z, to own homes. This has led to generational wealth disparities, with older generations benefiting more from home equity. The video also highlights the challenges in addressing the housing market issues, such as labor shortages, material costs, and regulatory hurdles, suggesting that while the solution seems simple, the path to achieving it is complex.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the home ownership rate among millennials compare to that of Gen Xers and boomers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the constraints mentioned that affect the housing market?

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