2 ms·

All of those articles are about economic performance before 2019, which was bad, but now we live in 2024, which is a different year where the economy is good. I

All of those articles are about economic performance before 2019, which was bad, but now we live in 2024, which is a different year where the economy is good. In fact it's as good as it's been in decades in the US. (Not so good in other countries partly because we caused inflation in their currencies.) https://www.redfin.com/news/gen-z-millennial-homeownership-rate-home-purchases/ https://www.redfin.com/news/gen-z-millennial-homeownership-r... https://www.theatlantic.com/magazine/archive/2023/05/millennial-generation-financial-issues-income-homeowners/673485/ https://www.theatlantic.com/magazine/archive/2023/05/millenn... Fertility rate went up some too: https://www.nber.org/system/files/working_papers/w30569/w30569.pdf https://www.nber.org/system/files/working_papers/w30569/w305... Note the media sector of the US economy is doing kind of badly and is mostly staffed by neurotic people who live in NYC, which means they tend to write negative articles no matter what.

Joel_Mckay 2y ago
In 25 years, maybe current trends will change things... maybe... But don't cite people playing games with market valuations, and having vested interest in naive buyers... It makes you sound less credible and silly. https://www.youtube.com/watch?v=aNSHZG9blQQ https://www.youtube.com/watch?v=aNSHZG9blQQ
- astrange 2y ago
  The homeownership and employment rates aren't "playing games with market valuations", and they're both good right now. Better than ever in fact.
  - Joel_Mckay 2y ago
    Is your mortgage, insurance, and taxes taking over 32% of your income? You will always be poor and never understand why. Everyone forgets that exact same rhetoric was popularized in most of 2007... Indeed, wall-street index fund success is often disconnected from the general populations well-being =3 https://www.youtube.com/watch?v=qqUMbxHLPvk https://www.youtube.com/watch?v=qqUMbxHLPvk

Joel_Mckay 2y ago

In 25 years, maybe current trends will change things... maybe... But don't cite people playing games with market valuations, and having vested interest in naive buyers... It makes you sound less credible and silly. https://www.youtube.com/watch?v=aNSHZG9blQQ https://www.youtube.com/watch?v=aNSHZG9blQQ

astrange 2y ago
The homeownership and employment rates aren't "playing games with market valuations", and they're both good right now. Better than ever in fact.
- Joel_Mckay 2y ago
  Is your mortgage, insurance, and taxes taking over 32% of your income? You will always be poor and never understand why. Everyone forgets that exact same rhetoric was popularized in most of 2007... Indeed, wall-street index fund success is often disconnected from the general populations well-being =3 https://www.youtube.com/watch?v=qqUMbxHLPvk https://www.youtube.com/watch?v=qqUMbxHLPvk