Economy, Demographics: More on why “median” home buyer age might have risen recently
Simply because the huge peak of the Baby Boom (born 1959) has just reached 65, retirement, and 34% are downiszing, while others are relocating for other reasons.
Economy: Median home buyer age likely 41 not 59
NAR claimed that the median home buyer age is 59, setting off a social media firestorem. But in reality, it may be 41, almost the same as the US population…
Demographics
Doomerism
Economy
Finance/Investing
Gen Z/Generational issues
Nation of Idiots
Personal finance
Stupidity
Social: X has become the Daily Doomer!
"Expert" says 75-85% of US households live in poverty. This is what passes for expertise in 2025!
Gen Z: At what age would Gen Z like to buy a home?
Gen Z has a reasonable goal of a first home purchase by late 20s, which is at or lower than prior generations did first purchase. The average age of Gen…
Economy, Policy: Social Security has been in a downfall since the 1980s
The situation in the 1980s was exactly the same as today - with fears of SS running out of money in the 1980s. Here we are in 2025 and nothing…
Gen Z: Who is Gen Z?
Gen Z was born in 1997-2012. The average age is about 21. Most are not yet in the housing market.
Social Security: Less than 1 in 4 rely solely on Social Security
A majority of Social Security recipients have a pension, retirement accounts, interest/dividend/rental income, and 1//3 have a working spouse.
A note: Gen Z versus the Baby Boom
In the past several weeks, some social media has seen a flood of generation hate posting. This looks like a coordinated propaganda campaign - from some politicians.
Economy: Unemployment age 20-24, 25-34
Much doomerism about unemployment among young workers-but it is at normal historical levels. But data lags real time.
Education: Comparison of past tuition to today
College costs are high, but many options are not as high as some may think they are.
Economy: The real reason people are falling behind on payments and debt? Living for the present?
Post Covid there has been increase in "living for the present" as people realized they might be postponing experiences for a future that does not come.
Economy: Vox says Gen Z isn’t having the worst possible time in history
Social media says Gen Z is screwed and they are going through the worst time in history. Vox, though, says this is not true.
Climate: Swedish youth concern for climate plummets to 13-15%
Swedish youth have lost interest in the climate. So has Greta Thunberg, who took up sailing to the mid-east.
No: Is the housing shortage due to “Boomers” not downsizing?
"Boomers" age 65+ are already living in smaller homes, per data, and this is largely unchanged in 25 years.