Gen Z
(media.scored.co)
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A house worth $185,000 in 1985 is worth $3mil in 2025.
So if the "net worth" of a Boomer back in '85 is $200,000, and a Millenial's in 2025 is $1 million, the Boomer is still worth *three times as much as the Millenial*.
The average net worth of a middle-aged Boomer in 1985 averaged $62,000.
The average house nationwide worth $185k in 1985 would be worth far more today as the average house in the U.S. in 1985 was only $82.8k, but unless it is in a coastal city there is zero chance it is worth $3 Million.
The house I bought in 1981 for $80k right now in a good neighborhood with a good school system is worth $285k.
I couldn't build it for twice that.