Wednesday, August 15, 2018

That's One Way to Put It

I find the real estate briefs in the local paper to be a bit odd.  It's clearly written by industry insiders (i.e. realtors, and realty companies) and in part it's just odd copy, but there is a bit of "news" at the tail end of it and in particular this line:
Millennials aren’t in the same hurry as previous generations to start a family and build wealth.
Again, I know that who this is written by and for is probably not actually interested in cause and effect, but it's not that they aren't in a hurry, it's that milliennials ain't got no money because all our economic growth gets ate by the rich and old(er upper middle class white folks).  Houses and family are not cheap, but they've effectively become luxury items for people under 30 (and maybe under 35) in our current version of America.

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