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My generation is doomed

So I’m 22 years old and have saved a very large sum of money up around 400k I’ve worked very very hard since I was 15 years old and I’ve been thinking about buying a home until I looked at the prices of homes in the last 3 years literally every home that was 200k-300k is now 600-700k or more, it’s legitimately impossible to afford a home for my generation it doesn’t matter how hard you work. I’ve looked at almost every state everything is 2-3x what it was 3 years ago, I mean it’s ridiculous and very upsetting that basically everything I work for is just seeming not to matter. My grandparents purchased a home 4 years ago for 325k that home is now worth 700k. Past generations have literally destroyed the economy now mine has to pay for it while they profit. Boomers always tell us we never work hard enough yet I see people my age pulling 60 hours shifts and barely surviving. What can we even do at this point but give up and stop caring.. I’ve seen plenty who already have because they realized it’ll never be enough… rant over.

submitted by /u/Square_Survey_5580
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source https://www.reddit.com/r/RealEstate/comments/1kcwo7e/my_generation_is_doomed/

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