Media: Journalism’ish – surprisingly, a generation whose average age is 21 lives at home
Journalism'ish strikes again!
Opinion: Practicing Factfulness based on data.
The news media says the economy is horrible. But people are increasing their spending faster than the rate of inflation.
So far, surprisingly few.
Contrary to media doomers, owner occupied housing is near historical highs.
Rental prices are also dropping.
This 2019 journalism'ish says Abercrombie was targeting Gen Z consumers with buy now, pay later ... who averaged 14 years old in 2019.
In 2025, per Fortune, 40% of those earning $500,000 or more per year are living paycheck-to-paycheck which points to a spending problem as we have supersized or upscaled our lifestyles.
Media meme that median age of today's first-time home buyer is 40 but was 29 in the 80s. But median age of US population was 29 in the 80s and…
Well publicized "consumer sentiment" public surveys largely see the public regurgitate the negativity recently fed to them by doomer media and social media posts.
Some theme parks are being closed, while most of the others have chosen to go more upscale, with higher prices and what they view as premium alternatives.