Apr 22 2019

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.  […]

Oct 10 2017

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 […]

Jan 15 2017

Millennials are worse off than their parents: Millennials earn 20% less than baby boomers at same stage in life.

It is now official that Millennials are worse off than their parents.  The Federal Reserve released a study showing that Millennials are as broke as we suspected.  According to the figures released Millennials earn 20% less than baby boomers did at the same stage in life.  This is a major reason why so many Millennials […]

Oct 15 2016

The Millennial Conundrum: Millennials are bogged down by massive student debt and confiscatory housing prices.

Millennials are a critical group in terms of where the economy goes in the next few years.  The economy largely relies on younger people to spend and purchase consumption items.  Think of a young couple buying their first home.  That in itself is a big purchase.  Then comes big ticket items like refrigerators, a family […]

Nov 27 2015

Are Millennials as broke as the media says they are? The answer is a resounding yes for the following reasons.

If you type in “characteristics of the Millennial generation” into trusty Google you will find a list of interesting headlines.  Some of the titles given to Millennials are: Generation Y, Generation WE, The Boomerang Generation, and The Peter Pan Generation.  Part of this stems from the way many were raised by baby boomers who were […]

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