Home ownership by age group
Home ownership by age group has remained remarkably constant over decades, contrary to some recent media memes.
Economy: Trends in net worth
The largest change is in the net worth of the top 1% and then the top 0.1%.
Demographics: Getting rid of stuff – pianos, hutches and fine China dishware
Due to an "inheritance glut" and other changes, pianos are now free, 8-10 place "fine China" place settings sell for $50, and few want Grandma's "hutch".
Demographics: “Boomers” are the cause of high priced homes
Economy: Housing problems are all due to "boomers" because they are not moving to smaller homes. Reality: The US has not built smaller homes for 50 years.
Demographics: Widespread school closures due to fewer children
If only someone would have mentioned what would happen with a shrinking fertility rate ...
Demographics: “World fertility rate hits 60-year low as population crisis looms”
It's been dropping in the US for 200+ years, and globally for at least 60 years.
Demographics: College enrollment plummets
Down by 20% over 13 years.
Housing: The myth of “baby boomers” causing a housing shortage
The media has a meme that home prices are high because "Boomers" are not downsizing. Except those 65+ are already in smaller homes - duh!
Business: Gen Z men earning MBA earn more than women
There is a partial explanation for this.
Personal Finance: 40% of those earning over $500k are “living paycheck to paycheck”
Apparently those making a lot are financially illiterate, as their "wants" grow with their salary.