US first-time homebuyers just hit a wild milestone—median age now sits at 40.

Yeah, you read that right. Forty years old.

That's not just a number. That's a whole generation getting priced out of traditional wealth-building. When your parents were buying their first place in their mid-20s, today's buyers are grinding an extra 15 years just to get in the door.

Makes you wonder where all that capital's flowing instead.