Opinion

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

A 20% down payment now equals nearly a whole year's household income

By Ted Jenkin Fox News

Published October 12, 2026 5:00am EDT

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Americans at Takoma Park Street Festival shared mixed reactions when asked by Fox News Digital whether they would give up their homes to house homeless people amid the recent rise of socialism in the Democratic party.

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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.

Home buying has gotten more difficult and more expensive. (Kurt Knutsson)

Look at the numbers.

A PROBLEM HIDING IN PLAIN SIGHT IS KEEPING AMERICANS FROM BUYING HOMES

In........

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