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Re:Young 'to be poorer than parents at every stage of life' by yummyfajitas on Tuesday November 24, 2015 @11:12AM (#10621534)
Nope - cars per capita went up.

http://www.google.nl/imgres?imgurl=http://1.bp.blogspot.com/...

Homeownership has been 64% or higher since 1970.

https://upload.wikimedia.org/wikipedia/commons/thumb/d/de/Hi...

Houses have just become larger since then.

http://farm8.staticflickr.com/7002/6843606169_618efc8942_d.j...

You are just plain wrong on all counts.

Re:Young 'to be poorer than parents at every stage of life' by RamshackleJ on Tuesday November 24, 2015 @11:21AM (#10621629)
All those statistics include the generations before the millennials. Perhaps It is our parents who are still buying more cars and bigger homes?

your graphs are just plain useless on all counts

Re:Young 'to be poorer than parents at every stage of life' by cryoshon on Tuesday November 24, 2015 @11:25AM (#10621677)
The first chart doesn't even go to the point where the generation in question came of age... it ends at 2005, before most millenials were even legal to drive.

Look at 1979 in the second chart... the trendline for the present is dropping beneath it. The size of house isn't relevant.

https://www.washingtonpost.com/news/wonk/wp/2014/02/18/stude...

http://www.investopedia.com/articles/personal-finance/021914... "Over 25% of them had late payments or are dealing with bill collectors, and well over half are still receiving some form of financial aid from their parents. One of the most disturbing findings of this study reveals that seven out of 10 young people define financial stability as being able to pay all of their bills each month."

http://www.millennialmarketing.com/2010/11/whats-not-on-mill...

http://www.usnews.com/news/articles/2014/04/30/homeownership...

http://www.theatlantic.com/business/archive/2011/04/chart-of...

http://www.businessinsider.com/millennial-home-ownership-sur...

http://www.bizjournals.com/albuquerque/blog/real-estate/2015...

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