4 years ago
1
Many millennials are worse off than their parents -- a first in American history
On paper, it looks like Scott Larsen is doing better than his father was at the same age. At 29, Larsen has a college degree and earns more money, but he doesn't feel he's moving up in the world.
Continue Reading https://www.cnn.com
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That's pretty depressing. The article shows that a major issue is the skyrocketing cost of housing. Even those who have managed to get a job immediately out of college are still not financially ready for home ownership at the age that their parents were able to buy a first home.