Median net worth of U.S. households under 35 fell 23% from 2022 to 2025 (real)

Re:Median net worth of U.S. households under 35 fell 23% fro... by bonoboTP on Monday November 02, 2026 @11:56PM (#50348256)

The situation is super good, objectively. Much better than most of Western Europe except a few outliers like Switzerland maybe. And infinitely better than Eastern Europe and the even poorer countries. You have no idea how good you have it. Maybe not as good as some fake idealized back in the day, but very good. It's just that reality can't keep up with growing expectations. Okay there was like a brief window after ww2 when the US did exceptionally well because it was shielded from the war by two oceans while the rest of the developed world was in rubbles. But that state of things couldn't last.

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Re:Median net worth of U.S. households under 35 fell 23% fro... by theoldlove on Tuesday November 03, 2026 @12:08AM (#50348321)

"Super good" is overstating the situation. The US trails most of Western Europe in average lifespan. Obviously the US is a great place to be rich (maybe the best place in the world?), but most of us aren't rich.

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Re:Median net worth of U.S. households under 35 fell 23% fro... by bonoboTP on Tuesday November 03, 2026 @12:47AM (#50348538)

It's true that being very poor or uneducated is harder in the US. If you're an educated professional, the US is way ahead in terms of opportunity, savings etc. over the rest of the world. Yes, you have college debt, but the salaries are much much higher than places like Germany or France, so even with paying that, you're way ahead. How many people move to the US from Europe and how many vice versa? Sure you find the odd example but it's not a real trend.

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Re:Median net worth of U.S. households under 35 fell 23% fro... by 0xDEAFBEAD on Tuesday November 03, 2026 @04:50AM (#50349983)

US lifespan is lower because young Americans make poor life choices

https://xxcancel.com/jburnmurdoch/status/1641799707583299587

Easy to get the best of both worlds by simply living in the US and not making poor life choices

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Re:Median net worth of U.S. households under 35 fell 23% fro... by autoexec on Tuesday November 03, 2026 @12:23AM (#50348416)

> Much better than most of Western Europe

I doubt most of Western Europe would agree with you. They seem to feel a lot happier and healthier. They have better social mobility, and less household debt.

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Re:Median net worth of U.S. households under 35 fell 23% fro... by bonoboTP on Tuesday November 03, 2026 @12:51AM (#50348558)

The kind of home people seem to want and the kind of level of lifestyle is out of control and never ever was possible anytime anyplace as a default.

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Re:Median net worth of U.S. households under 35 fell 23% fro... by jongjong on Tuesday November 03, 2026 @01:13AM (#50348662)

I lived in 3 EU countries (The Netherlands, Germany and Malta) .

> They seem to feel a lot happier and healthier.

On average I would agree. I didn't see extreme poverty like I saw in the US and cost of living is a lot better when you consider that quality of everything is higher; especially in terms of food.

> They have better social mobility,

My experience is that this is not the case. Germany had almost no mobility at all. Even startups are structured in such a way that you can barely even see the CEO, let alone talk to them and society is structured to protect incumbents through regulations and bureaucracy.

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Re:Median net worth of U.S. households under 35 fell 23% fro... by 0xDEAFBEAD on Tuesday November 03, 2026 @04:59AM (#50350040)

[delayed]

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