Millennials And Home Buying In The United States
Housing markets across the country are at the top of the list, with the opportunity for potential home buyers to get their foot in the door. [Sources: 1]
Millennials are Caught in the Two Recession Trap: Millennials Continue to be Punished by the Great Recession and now the Great Pandemic.
Covid-19 continues to unleash economic havoc across the world. The financial destruction being caused by the pandemic is shattering already fragile household budgets. In the deep levels of this fog, Millennials continue to face extra layers of pressure from this crisis. This has come in the form of massive levels of student debt, a higher […]
Millennials never recovered fully since the Great Recession and now Covid-19 is bringing a painful economic reckoning. Half of US households own no stock.
While the pandemic has caused unrelenting and blistering damage in every segment of our economy, the pain is simply not distributed equally. Many of our essential workers are in the least secure jobs, with weak healthcare support, low wages, and ultimately are in jobs that keep them financially stuck while risking their health. What is […]
Millennials will be crushed under debt: Non-housing debt now reaches $4+ trillion in the United States.
Millennials continue to face the struggles of living in a world where they are deep in debt and the idea of buying a home is becoming more of a farfetched pipe dream. As recently as 2009 non-housing debt stood at $2.5 trillion. Today it is over $4 trillion, a 60 percent increase in 10 years. […]