Economy: Real estate prices
Interesting perspective on incomes versus home prices - will home prices collapse or incomes climb?
Education: “Gap years”
"Gap years" after high school or college is supposedly the big new thing. Except it's not, and it mostly applies to the affluent.
Housing: Tiny Homes?
"Tiny homes" is a very tiny market, even when defining a "tiny" home as up to 600 sq ft in size.
Economy: Lots of stories that Gen Z has it awful
Except there’s this: Generation Z is unprecedentedly rich (economist.com) And this: Don’t feel too sorry for Gen Z — they’re outpacing boomers on income and millennials on home ownership (msn.com)…
Education: Unemployment and underemployment by college major
Unemployment and underemployment by college major.
Demographics: Those born ’57-’64 saw peak earnings by about age 45
Youngest Baby Boomers’ Pay in the US Peaked When They Hit 45 After that, earnings flat lined or even went down. (There is no age discrimination in the U.S.?)
Demographics, Immigration: Immigration seen as economic boost
Immigration now accounts for the majority of U.S. population growth, and will continue or even expand to address the low fertility rate.
Economy: Average household has US$1 million in assets
"the average American household" has a net worth of just over US$1 million. The median net worth is almost $200k.
Demographics, Education: Utah introduces 3-year Bachelor degrees
First U.S. state to adopt a 3-year Bachelor degree program, which is common in much of the world.