A huge concern for many members of Generation Z and younger millennials is (not) being able to afford a home. For many people, owning property is a pipe dream: unrealistic because of the current economic situation, the whims of the job market, and the system as a whole.
Popular content creator @elyon113, aka Samuel Smeltzer, went viral on TikTok after calculating how much the federal minimum wage in the United States ought to be these days to allow people to comfortably afford to buy a home. Spoiler warning: it’s over 7 times the current rate. Scroll down for his insights. Bored Panda got in touch with Smeltzer for further comment, and he was kind enough to share his thoughts with us. You’ll find our full interview with him below.