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The oldest Gen Z is at most 27 - depending on who's cut off dates your using. Some its 25. So if they have mortgage debt by 27 there probably doing pretty well on their path to success and avoiding renter serfdom.Can’t wait for Gen Z to take over after Gen Y pays their bills
After that will come the “end of days”
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And they have less non-mortgage debt than people over 50. Non Mortgage debt is likely student loan debt for them, so investing in ones future. What is a 50, 60 or 70 year old doing with non-mortgage debt anyway?
Seems to me the posted charts make the younger generation look like there doing fairly well?