Economy, Demographics: First time home buyers’ median age is 35
Median home buyer age is 35 in 2024, up from 31 in 1981. This is due to demographic population distribution - US population median rose from 30 to 38.
Education: The public is losing interest in college
"Roughly half (49%) say it’s less important to have a four-year college degree today in order to get a well-paying job than it was 20 years ago"
Demographics: Youth employment
As someone who had to work from age 10 onward, I was curious about how many others had to do this - and the answer is, not many.
Economy: The effect of “inflation” over time
Inflation is reducing the value of each dollar, over time. It also means that past debts can be paid off in future deflated dollars.
Demographics: “Americans under 40 are richer than ever but…” everything is awful
With media hyping how awful everything is, it is not a surprise that everyone is depressed and anxious. Even when things are going well, compared to the past.
Education: Student loan debt by age
The term “student loan debt” and how news reports about debt are illustrated, has you picturing a young 20-something overburdened by debt. But that is not who has the largest…
Economy, Demographics: Teen employment, over time
The % of teens who work during school may have cut in half from the '70s/'80s to the present.
Economy: Average U.S. home size by decade
People complain about today's homes costing more than in the past - but today's homes are almost twice the size of those in the 1970s!
Demographics: Older adults should rent their spare bedrooms or downsize
Older adults should be encouraged (forced?) to downsize and get out of homes with spare, unused bedrooms, says housing expert.
Economy: US unemployment over time
Interesting, maybe coincidence, but peak unemployment in the 1980s and around 2010 possibly due to demographics?
Demographics: China’s population to cut in half by 2100
The global population bomb continues - and it's not the bomb Erlich proclaimed in 1968. He had it all wrong.
Economy: Housing prices
1 in 3 say they will leave the U.S. (they won't), and Trump proposes deportations. If this happens, home prices will fall dramatically.
Education: The looming 3-year Bachelor’s Degree
Could 3-year Bachelor degrees replace the 4-year degree? Yes.
Personal finance: “Living paycheck to paycheck”
Several times per year, the media runs stories about everyone living "paycheck to paycheck". For many reasons, these stories are mostly bogus.
Personal finance, education: The worst college degrees
Once again, the annual worst college degrees, based on salary. Same every year.