I can't find the original source now, but millenials spend significantly less than boomers did on eating out and entertainment. The biggest delta was healthcar

I can't find the original source now, but millenials spend significantly less than boomers did on eating out and entertainment. The biggest delta was healthcare, which millenials spent, if I remember correctly, over twice as much monthly on. Couple that with all time high income to housing price ratios[1], higher than 2008 housing bubble, and the idea that lattes are the problem is asinine. https://www.longtermtrends.net/stocks-to-real-estate-ratio/ https://www.longtermtrends.net/stocks-to-real-estate-ratio/