and that really goes for all races. The economy and the game is set up way different.
Like some of the things you mentioned. As a whole this generation is stuck with a LOT of student loan debt.
Job market is tough and wages have not gone up despite the prices of everything. As a generation, buying is not popular.
Saving is hardly possible if you live in a major city. You have to have something like an inheritance to get a leg in the game.