X @Nick Szabo

That said, the service jobs most young people now get, along with the remaining manufacturing jobs, pay far less as a proportion of housing costs -- even of entry level houses like these -- than in the 1950s.Charles Murray (@charlesmurray):Agreed. Gen Z needs to realize what people accepted as a normal first home in the 50s. In Newton, Iowa, it was about 1,000-1,500 sq ft, small living room, two small bedrooms, small bathroom, kitchen with a small dining table, no basement, no attic. Yes, you could afford t ...