Economy: Median home buyer age might be 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
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.
Education, Demographics: Getting into college simplified as pool of young people dries up
As the pool of young people shrinks, the college application process and getting accepted gets easier.
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.