Cuz these economists look at wealth in aggregate, but look at behavior by market segment.
Asset prices have been skyrocketing. That only really helps people who have assets, but it still brings up the average enough to make the economy look it’s doing great overall even despite the consumer price inflation.
So if you see that young adults are moving back in with their parents while living in an economy that is, in aggregate, “the strongest it’s ever been”… you can only explain it as a matter of preference.
I like how these are always new hip trends.
Gen Z is super into living with lots of roommates!
Gen Z absolutely loves not having children!
Gen Z new craze is having sleep for dinner!
It happened to us millennials, and now it’s happening to you. Fucking boomer clickbait
I wonder what’s next
Working Four Jobs: Learn All About Gen Alpha’s Favorite Concept!
Why Gen Alpha is Obsessed With Eating Their Roommates’ Remains
New Study Finds that Gen Alpha’s Favorite Emotion is ‘Unfathomable Despair’!
Why aren’t you buying diamonds?
I spent all my money on candles
Fuck diamonds! I want a man that gives me a fucking GAGG Lumogarnet damn it!
no diamond funko pop yet
🎙️🪗Burn it all
Cuz these economists look at wealth in aggregate, but look at behavior by market segment.
Asset prices have been skyrocketing. That only really helps people who have assets, but it still brings up the average enough to make the economy look it’s doing great overall even despite the consumer price inflation.
So if you see that young adults are moving back in with their parents while living in an economy that is, in aggregate, “the strongest it’s ever been”… you can only explain it as a matter of preference.