Economy, Gen Z, Demographics: Home Price to Income Ratio
A popular social media meme is that the home price to income ratio has exploded. But it has an incredibly obvious error ... take a look.
Doomerism: Many retired will “un-retire”?
Says retirees are going to "un-retire" because everything is awful But the % of un-reitirees has been steady for a long time.
Economy, Demographics: Are young men under 30 doing worse today than 3-4 decades ago?
Per economist Marian Tupy, young men are doing much better today.
Gen Z: Decline in home ownership due to a change in personal values?
Media and social media posts compare home ownership percentages of young cohorts in the 1980s and today and conclude it's due to price. May be not.
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.