Page 12 - Homeownership and Youth Social Mobility: Where comes the feeling of hopelessness among youth, and how can we restore hope?
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Relatively higher income growth of non-degree graduates still


        dwarfed in comparison to sky-rocketing housing prices





                 Change in Median Income,

        Non-degree Graduates (at Age 30-34)







                                                                                             In 2001                                                In 2021







             Monthly Income                                                                   $11,000                                                $15,000

             (non-CPI adjusted)





             Income change                                                                                                +36%






             Housing price change                                                                                        +399%

             (RVD territory-wide, all classes index)







  Sources: Census and Statistics Department, Rating and Valuation Department
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