The article highlights that despite the prevalent narrative of millennials being burdened by debt, they experienced some unique financial benefits, particularly in housing and education costs. Millennials faced a median home price of $165,000 around 2000, which provided more affordable starter options than today’s market, where prices are significantly higher. With rising costs, including education and living expenses, younger generations like Gen-Z and Alpha face greater financial challenges, making the financial landscape markedly different than what millennials encountered during their formative years.
While millennials didn't enjoy a super low-price housing market as baby boomers did, there is no question millennials had some strong opportunities coming up.
Those born between 1981 and 1996 saw the median US home price in 2000 at around $165,000, which felt affordable as a starter home for newly married millennials looking to start a family.
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