4min chapter

Hidden Forces cover image

You Will Own Nothing: Your War with a New Financial World Order | Carol Roth

Hidden Forces

CHAPTER

The Effects of the Pandemic on Homeownership Rates

It certainly feels like millennials, let's say, I can't speak for Gen Z, but I'm millennial. Theirs are a little higher and that was fundamentally changed by the pandemic period. The increase of the cost of housing has been driven by central bank policy as well as government policy. You've got these young people earning more, but it's cost them so much that they can't get out of that debt cycle.

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