[fullshark]

There was some article I remember about how the Millennial generation was choosing not to buy houses or consumer goods at at large of a volume as previous generations because they preferred things that way. It was like this one, a bunch of statistics + one or two anecdotal examples.

It's nonsense, it's economic circumstances, and coping.

[cyanydeez]

Especially since homeless encampments keep growing.

No one's personally choosing to be homeless or living with their parents out of personal freedom.

[hansvm]

That's the thing. A few people do, and enough people have seen that first or second hand to recognize a kernel of truth in the bullshit the article is peddling. The article then just uses a few stats to bully the average person's perceived ability to push back on the BS and spins a narrative to fill the void they just opened up in your mind. It's likely to "succeed" despite being extremely probably wrong.

[nullindividual]

> choosing not to buy houses or consumer goods

There were two studies that bore out less == happier.

https://www.cnbc.com/2019/10/10/study-millennials-who-buy-le...

For some, it is a choice (and one I'm very happy with, having lived in a household full of 'stuff' which upon reflection, was overwhelming and depressing). For others, I understand it isn't.

[rufus_foreman]

By 2019, Millenials were making more money than Boomers or Gen X were making at the same age. Roughly the same percentage owned homes as young adults, 50% for Boomers, 48% for Millenials. Housing costs for Millenials in 2019 were a little higher than for Boomers in 1987 and a little lower than for Gen X in 2005.

Millenials have a little less wealth than previous generations at the same age, if you don't count a college education as wealth.