Axios -Millennial home ownership is 8 percentage points lower than previous generations at this age.
Student debt is at $1.5 trillion, with defaults rising.
Just 37% of Americans under 35 owned stocks last year, vs. 55% in 2001.
"The net worth of your average Millennial household is 40 percent lower than for Gen X households in 2001 and 20 percent lower than for Baby Boomers’ households at the end of the 1980s," notes Annie Lowrey in The Atlantic.
No comments:
Post a Comment