I’ve read the article. It goes into detail in the stats across the entire generation. It talks about the big rise in both median and average household wealth for millennials between 2019 and 2022. It also acknowledges that the gap between 20th percentile and 80th percentile for millennials has grown to the largest in history for any generation.
It’s the rise in house prices and the stock market. For millennials who already owned that stuff before the pandemic, and in a position to take advantage of the huge salary gains from the great resignation, the last 5 years have been a financial boon.
Still though, is this perhaps how the article starts off? If so, it might still be a bit misleading for those who don’t read all the way through. Not everyone is as thorough as you. ❤️
Have to admit I am a millennial who signed up to buy an apartment just as the pandemic started and we had just had our first baby. It was a bit sweaty there for a second, but I was very fortunate to land a job that pays very well. But yeah, it was hard for a bit. Was out of work for 9 months during 2022. Got through some good games in my Steam library though! 🙃
Strong disagree. When someone says “humans”, does that also imply “a tiny fraction of”? I think that this quantifier is very significant, and needs to be included. Otherwise it becomes misleading.
Oh nice, you found 1 family that this is relevant for. Now call that family “all millennials”! Proper journalism right here.
I’ve read the article. It goes into detail in the stats across the entire generation. It talks about the big rise in both median and average household wealth for millennials between 2019 and 2022. It also acknowledges that the gap between 20th percentile and 80th percentile for millennials has grown to the largest in history for any generation.
It’s the rise in house prices and the stock market. For millennials who already owned that stuff before the pandemic, and in a position to take advantage of the huge salary gains from the great resignation, the last 5 years have been a financial boon.
Alright, cool. That’s quite well and good, then.
Still though, is this perhaps how the article starts off? If so, it might still be a bit misleading for those who don’t read all the way through. Not everyone is as thorough as you. ❤️
Have to admit I am a millennial who signed up to buy an apartment just as the pandemic started and we had just had our first baby. It was a bit sweaty there for a second, but I was very fortunate to land a job that pays very well. But yeah, it was hard for a bit. Was out of work for 9 months during 2022. Got through some good games in my Steam library though! 🙃
Well, they did technically just say “millennials”.
They omitted the modifier “a tiny fraction of”, but that’s assumed
Strong disagree. When someone says “humans”, does that also imply “a tiny fraction of”? I think that this quantifier is very significant, and needs to be included. Otherwise it becomes misleading.