Buying a home seems impossible. Here’s what Boomers just don’t understand

Whenever someone complains about today's mortgage rates, somebody inevitably says:

"You think 7.5% is bad? I paid 14% in the 1980s!"

They're right about the interest rate. But they're missing the bigger problem.

GEN Z IS WORKING HARD, BUT THE ECONOMY IS PUTTING THE AMERICAN DREAM OUT OF REACH FOR MANY

Today's homebuyers aren’t just fighting a 7% mortgage. They're fighting high rates on a home price that has grown much faster than the amount sitting in their checking account.