millennials

Since Nixon ended the gold standard in 1971, everything from houses to gas surged 8–22 times while wages rose only 6 times, yet millennials get blamed for avocado toast

1971. The year Nixon took the dollar off gold. House: $25,200. Now: $410,000. Car: $3,560. Now: $48,000. Harvard: $2,600/yr. Now: $57,000/yr. Gas: $0.36/gal. Now: $2.88/gal. Average income went from $10,000 to $60,000. Everything got 8–22x more expensive. Wages only went 6x. But sure, it’s the avocado toast. @grok so nixon did a big mistake??? That …

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Millennials are “pro-socialist” because they think our current system is capitalism, e.g. the Fed inflates away workers’ wages to redistribute wealth to asset owners.

Millennials are "pro-socialist" because they think our current system is capitalism, e.g. the Fed inflates away workers' wages to redistribute wealth to asset owners. pic.twitter.com/FNFeJmgXuf — Anthony Galli (@AnthonyGalli) December 3, 2025

Homeowner Households declined for the first time in 9 years. Boomers are exiting homes faster than millennials can afford them

BREAKING 🚨: U.S. Housing Market Homeowner Households declined for the first time in 9 years 👀📉 pic.twitter.com/8lUGHnHx93 — Barchart (@Barchart) August 14, 2025 Las Vegas has the 3rd highest home foreclosure rate among major US metro areas as of July pic.twitter.com/0iYxb3C9cx — Las Vegas Locally 🌴 (@LasVegasLocally) August 14, 2025 Cheap REITs aren't bargains – …

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High costs and tight pay trap millennials in rent cycle. They want homes. They just can’t buy them.

Nearly half of millennials say the cost of living keeps them from buying a home. “Forty-five percent of people aged 23 to 38 say high living costs stop them from owning a house,” Bankrate said in a survey.https://www.bankrate.com/surveys/down-payment-survey-september-2019/ Only 38% of Gen X and 31% of Baby Boomers said the same. Bankrate also found that …

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Half of Gen Z and Millennials still rely on their parents for support, with no emergency funds to shield them when recession strikes.

This is insane. 50% of Gen Z and Millennials are still on their parent’s payroll. The average person is getting $18,000 from mom and dad 🤯 pic.twitter.com/3NPvSrorpu — Anthony Pompliano 🌪 (@APompliano) March 31, 2025 62% of Americans could come up with $2,000 in case of an emergency, the lowest on record, per Bloomberg. pic.twitter.com/0rpUYZxK9J …

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Boomers own 20%, millennials under 3%: Fed policies broke the young…. Fed’s $2.2 trillion in MBS is manipulating home prices and inflating the market.

Why do Boomers own everything? By their 30’s Boomers owned 20% of national wealth. For Gen X it was 8.5%. For Millennials it’s not even 3%. The Federal government — and the Federal Reserve — broke the young. pic.twitter.com/hQuhhQyVy8 — Peter St Onge, Ph.D. (@profstonge) March 28, 2025 The Federal Reserve still holds 2.2 TRILLION …

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Luxury homebuilder says more than 70% of business is from wealthy move-ups and empty nesters with years of home price appreciation. The rest are rich millennials

Home prices and mortgage rates are high but haven’t hampered demand for what Toll Brothers calls its “luxury niche.” That niche is made up of empty nesters, rich millennials, and wealthy buyers who are inoculated from housing market swings. “Demand for our homes continues to be supported by our affluent customer base,” Toll Brothers chief executive and chairman …

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Too late, not like the market is going to correct itself. Then Millennials will be too old to pick up a mortgage.

Study: If You Want More Babies, Make Mortgages Affordable For Young People A new NBER working paper (Did the Modern Mortgage Set the Stage for the U.S. Baby Boom? by Lisa J. Dettling & Melissa Schettini Kearney) reveals an unexpected (well, actually expected) catalyst behind America’s famous baby boom: government-backed mortgages that transformed homeownership and …

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The sandwich generation is crushed by skyrocketing long-term care costs. Millennials and Gen Xers bear the burden of aging parents.

The "sandwich generation" is getting squeezed hard. With long-term care costs skyrocketing—nursing homes averaging over $100k annually—millennials and Gen Xers are stuck footing the bill. Government programs like Medicare don't cover most long-term care expenses, and Medicaid's… — Riz.eth (@rizethereum) January 16, 2025 pic.twitter.com/SjnYPzTUaA — Bito (@bitocrates) January 16, 2025 More than 70% of nursing …

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Bernie Sanders Calls out the DNC to Its Face, Admits Economy Is Terrible; Millennials and GenZ Are Giving Up and Partying as They Descend Into Financial Oblivion [VIDEO]

Bernie Sanders Calls out the DNC to Its Face, Admits Economy Is Terrible Senator Bernie Sanders delivered a pointed speech at the Democratic National Convention, where he condemned the influence of wealthy donors in American politics. Sanders, a long-time critic of big money in elections, reiterated his stance that rich donors should not be allowed …

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Why aren’t millennials having kids?

Why aren’t millennials having kids? byu/Fun_Balance_1809 ineconomicCollapse Top comment: Unpopular opinion: We NEVER REALLY recovered from the 2008 recession, everything kind of just got really shitty after that IMO. The 2020 pandemic made it even worse.

72% of millennials fear an insecure retirement. Boomers owned 21% of wealth at their age; millennials own under 5%.

When comparing generational wealth, millennials own a much smaller share of wealth than baby boomers did at the same age. Reports show that millennials own less than 5% of the nation’s wealth, whereas baby boomers owned about 21% at the same age. 72% of millennials are concerned they won’t be able to live comfortably and achieve …

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The Credit Card Problem: A Ticking Time Bomb for Gen Z and Millennials, and it’s Only a Matter of Time Before it Explodes

1 out of 7 Gen Z consumers saw their credit maxed out in Q1 2024, according to the New York Fed. This is the highest percentage since the 2020 pandemic lockdown. Meanwhile, 12% of Millennials have utilized over 90% of their credit limit, an even higher share than the pandemic.… pic.twitter.com/6CIE2eO8CR — The Kobeissi Letter …

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Millennials and Gen Z prioritize groceries over other luxuries, as typical households need $445 more monthly.

Splurging once meant spending money on buzzy restaurants, expensive vacations, and designer clothing. These days, what’s considered splurge-worthy falls into a more humble category. Groceries are shaping up to be a top spending priority for younger generations, a February report from McKinsey & Company found. The firm asked over 4,000 people, from baby boomers to …

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The harsh reality: 36% of Gen Zers and millennials rely on family cash gifts. Starter home income surged 8.2% to $75,849. Average monthly payments hit $2,721.

In a heartbreaking reflection of the current state of housing affairs, a staggering 36% of Gen Zers and millennials gearing up to purchase their first homes cling to hope in the form of cash gifts from family. This reliance on familial support speaks volumes about the bleak reality faced by young aspiring homeowners, forced to …

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Even the Gen-Zers and Millennials Who WANT to Get Married and Start a Family Aren’t Doing so Because They Can’t Afford It

Signet Jewelers Ltd., the parent company of Kay Jewelers and Zales, had previously signaled to investors that there would be an upswing in US engagements this year as dating patterns returned to normal. But that forecast was downgraded on Wednesday as the jeweler warned that persistently high inflation and job market uncertainty have forced some …

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Millennials face rising billing disputes, with a 96% increase, tied to credit defaults and inflation impact.

Millennials Are Losing Their Cars. Billing disputes surged year-on-year among Gen X and Millennials, LegalShield said, who have experienced a 96 percent increase in billing inquiries. Calls are up across the board as well, with a 53 percent increase among all LegalShield members, indicating a broader rise in billing-related issues. John Saltarelli, a LegalShield provider …

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Gen Z, millennials are becoming homeowners buying $30K tiny homes on Amazon

Chery Industrial Expandable Prefab House 19ft x 20ft,Exquisitely Designed Modern Villa Prefab House for Live,Work: With homeownership being far out of reach for most millennials and Gen Zs due to inflated asking prices, astronomical interest rates and crushing student loan debts, twenty- and thirty-somethings are getting creative about buying abodes. So, rather than scrimping and …

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Millennials face mounting financial challenges; rising costs and stagnant incomes jeopardize economic well-being. Troubling times ahead.

Despite being the highest-earning generation, millennials grapple with a stark reality – their wealth lags significantly behind. The rising cost of living, outpacing wage growth, is a key culprit, creating financial strains on this demographic. Notably, prices have surged, with ground beef averaging $5.23, up from $3.89 in January 2020. Fresh fruits and vegetables witness …

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Pop quiz, Millennials & Gen-Zs: who do you think is going to be saddled with the mountain of debt?

Ok, this is the 'scary chart of the week' floating around, interest payments. Q2 2023 interest of $969.9B on $31.5T of debt. Yellen's outfit just announced another $1 trillion of new debt by end of Q3. Maybe the problem is too much debt? Heretical concept, I realize. pic.twitter.com/a0fyhPuYe9 — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) …

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Millennials are hoarding more gold than boomers and Gen X-ers as recession risks loom, State Street says

Millennials are beating baby boomers and Gen X-ers when it comes to investing in gold, according to State Street. Demand for the precious metal, widely regarded as a safe haven asset, remains strong as recession risks loom. Gold has rallied almost 9% year-to-date, and is approaching the key $2,000 per ounce mark. Buying gold isn’t …

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