I am mid 30's and many of my close friends are as well. THey are taking on loan amounts that I would consider very uncomfortable.
One example from December: young couple. She makes $65k he makes $50k. No kids. They closed on a $400k home and their payment is $3200 per month all in. Just looking at that math, I would be so stressed with that kind of DTI ratio but so many people are doing it.