Fewer Rings, Fewer Deeds Demographic and cultural changes happen periodically, and it is never clear whether the “good old days” were really that great. However, the following graphic depicts a shift that is truly striking: It shows the percentage of 30-year-olds who are...
Bloomberg recently published an interesting piece on millionaires who find that achieving this lofty milestone isn’t what it used to be. There are now more than 24 million households in the U.S. with a seven-figure net worth representing 18% of the total. One-third...
Those of us of a certain age periodically think wistfully about how wonderful it would be to be young again. Well, today, perhaps not so much. The reality is that young people are having a tough time entering the job market, and the...
My recent blog, Unaffordable, focused on the ratio of the median home price to average household income which rose from 3.5 in 1985 to 5.8 today making homeownership increasingly unattainable for many. I recently came across data illustrating that this problem is particularly...
