Aboel3zMillennials Control Just 4.6 Percent of US Wealth
I’ve given up on the dream of owning a house. I’ve given up on the idea of being able to afford kids. I’ve given up on believing I can retire. I’m fighting like hell to win a union, because it’s my only hope left.
Is this like, normalized here? I’m 35, and like 90% of my friends from college (Detroit) own a home now, and most have started families.
Super diverse backgrounds too, this isn’t a High end college for the priveleged or anything.
Every thread on here and reddit makes it seem like every millennial is broke as fuck, and there was nothing any of you could have done about it.
Am I and practically everyone I know with an education outliers?
The AssmanThe Midwest is an affordable place to live (I live and own a home here). But I can understand people born and raised in more expensive parts of the country not wanting to uproot their lives and move here.
I live in New Jersey and all the friends I have that own a home either got financial help from there parents or moved all the way out to West Bumbkefuck in order to buy a home.
I’m in Ohio and it’s more mixed here. Live in the boonies and you probably own a house. Live in Columbus and you probably don’t.
I feel this too. I could only guess at the cause. Maybe it’s just the demographics of social media swinging younger, or those struggling simply being more vocal online. Both? Neither?
I’m an older millennial, but do own a home and have kids. I have friends and acquaintances, - some who didn’t go to college - that also own homes and have kids. Sure, the houses might be modest (and include PMI payments for some), and nobody’s taking lavish vacations every year, but it’s certainly not as bleak as my social feeds always make it out to be.