Majority of Young Adults now Live at Home: The Millennial and Gen Z Housing Crisis Highlights a Growing Wealth Divide.
As the economy starts to fully open, there are some glaring issues that are being exposed. First, there is still a deep crisis in housing on the affordability front. The Fed in partnership with big banks buying up properties, is causing major market disruptions that are pushing out regular first-time home buyers (aka younger Americans). […]
Inflation is Eroding Purchasing Power and Hurting Millennials the Most: Exploring the Cost of Two Important Items from 2000 to 2020.
While we are still dealing with the fallout brought on by Covid-19, the group most impacted by the pandemic is young workers. They are disproportionately shouldering the hits that have come from the pandemic. Many are unable to telework and others are employed by industries that tend to pay less and have largely shut down […]
5 charts highlighting the epic housing crisis for Millennials – one third of young adults living at home with parents.
Millennials are starting to realize that living at home may be a longer-term proposition. Moving back home is being motivated by heavy levels of student debt and jobs that simply pay a lower wage. These trends run directly into the current reality that rental prices are soaring and home values are once again near peak […]
Psychologically damaged baby boomers blame Millennials for all of the perceived ills in the economy including destroying dozens of industries.
The headlines continue to rail against young Americans as if they are the primary cause for many industries going under. Forget about the fact that companies like Amazon have shifted the way all Americans shop. The headlines blaming young Americans are getting to the point of ridiculousness. Baby boomers hold 50 percent of all wealth […]