Economy: Median home prices over time since 1960
Median home price has appreciated by 43% over the past 10 years. Some insane X posts claim home prices went up by 10x! Hah hah.
Doomerism: Life is pretty good, contrary to the doomers
Life for most people is WAY better than just decades ago - but doomerism media and social media pundits have convinced people that everything is awful.
Generation: Gen Z giving up on home ownership, spends instead of saves, works less
Knowing some history might lead to better decision making.
Media, Economy: 6-7% of retirees “unretired”
About the same percent it has been for decades, says the US BLS. But leave it to media doomerism to spin this...
Economy: Gen Z, Millennials Spend up to $1000s per year on restaurant meal delivery
1 in 3 adults said they ordered take out restaurant food, delivered, at least once per week. No wonder they complain of a lack of money.
Economy: “50% of US households have less than $60k in assets”
This is true but it might not mean what you think it means.
How to lie: “Only 12% of 30-year-olds are married and own a home”
A pop social media doomerism meme is that only 12% of 30-year-olds are married and own a home. Read why it's a bullshit metric.
Economy: Percent of household income spent on food
The percent of income spent on food has plummeted over the past century.
Economy: “Home prices have quadrupled relative to income”
This finance influencer chart is bogus.
Economy: What caused the Great Depression?
Speculative investments in stocks and real estate, fragile banking system, Federal reserve policy mistakes that made things worse. And what about "late stage capitalism"?