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Will the generation that comes after millennials be even poorer?
by matte_black 8y ago
Will the generation that comes after millennials be even poorer?
- dta5003 8y agoThat's really our only hope at this point.
- xemdetia 8y agoI feel like that is a given based on what I have been seeing right now. If people are already redlining spending/debt without savings any financial leg up that they can provide their children is that much less. If anything I am anticipating a decline in people pursuing college as those children who see lives defined by student debt as just not worth it, but the current jobs market does not have a ton of high paying positions for high school educated workers. In a sense because I have education and specialist skills I feel like I am part of the group pulling up the ladder behind me when it comes to knowledge work. If the next generation is even net poorer the property asset appreciation train might finally crash though, and I'm of mixed opinion if that is going to have a net good outcome, or if the front is going to fall off two generations from now.