Could be a FUD article for clicks. But in my limited circle I've noticed lots of people simply... drop out. Like they get fired or quit then basically retire in their mid 30's. I don't know where these people are getting money from. Some people have kind of half-assed business ideas, like one of my buddies is designing his dream board game, another buddy is building an online wine merchant portal or something. In general I notice that the smartest people in my life have bifurcated into two camps. Half of them have retired, more or less. The other half have been afflicted with frenetic energy, trying to grasp all they can before the window closes. I dunno.
Quite possibly. Along with all the other crosscurrents right now, you have a fabulously wealthy boomer generation starting to give their wealth to their children. If I'm not mistaken, the millenial generation has a lower average wealth than previous generations, but the millenials with inheritances or family money are doing much better than almost any generation before.
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Could be a FUD article for clicks. But in my limited circle I've noticed lots of people simply... drop out. Like they get fired or quit then basically retire in their mid 30's. I don't know where these people are getting money from. Some people have kind of half-assed business ideas, like one of my buddies is designing his dream board game, another buddy is building an online wine merchant portal or something. In general I notice that the smartest people in my life have bifurcated into two camps. Half of them have retired, more or less. The other half have been afflicted with frenetic energy, trying to grasp all they can before the window closes. I dunno.
Inheritance?
Quite possibly. Along with all the other crosscurrents right now, you have a fabulously wealthy boomer generation starting to give their wealth to their children. If I'm not mistaken, the millenial generation has a lower average wealth than previous generations, but the millenials with inheritances or family money are doing much better than almost any generation before.
I don't know if actually being able to afford real estate is 'doing better', it's more a 'not doing worse' situation imo.
Definitely inheritance.