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.
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.
Home ownership by age group
Home ownership by age group has remained remarkably constant over decades, contrary to some recent media memes.
Demographics: Population collapse coming to America?
The U.S. population may shrink, slightly in 2025, the first time that has ever happened.
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".
Economy: Should homes be turned in to multi-unit room rentals?
Should we tax "unused rooms"? And what is a unused room?
Demographics: The Downsizing Dilemma
"Boomers" are supposed to downsize to smaller homes. But the US has not built many smaller homes in most of the past 50 years.