I saw people saying, "Back in our parents' day, plenty of people didn't own homes even in their 40s and 50s; kids these days are just too greedy," so I looked up the homeownership rate of the 386 Generation.

386 Generation: A term that emerged in 1990, referring to the generation born in the 60s, who were in their 30s at the time and attended university in the 80s.

If someone was born in '65, married at 27, and had a child around '92, they would be about 63 years old now.

Looking through the articles,

It says, "The homeownership rate of the 386 Generation rose significantly from 22% in '93 to 51% in 2003."

Apparently, the homeownership rate spiked because the housing supply increased rapidly at the time, such as with the First-Generation New Towns.

The average number of years required to purchase a home was 10 years.

The 386 Generation were the protagonists of the "real estate invincibility myth." Led by the Roh Tae-woo government, which promoted the "construction of 2 million housing units" in '88, 100,000 households moved into just the five First-Generation New Towns (such as Bundang and Ilsan in Gyeonggi-do), located 20–25 km from Seoul.

Park Won-gap, Senior Real Estate Expert at KB Kookmin Bank, stated, "It's not that the 386 Generation particularly loved real estate speculation, but it's true that the environment and trends of the time encouraged taking out loans to buy homes, and the 386 Generation was proactive about it."

And since then, as the economy gradually worsened for Gen X through the Millennials T_T

The number of years required to purchase a home gradually increased to 15, then 16 years...

Conclusion: The desire for homeownership among those in their 30s and 40s was just as intense back then.

Source: https://theqoo.net/hot/4226713175