Since 1996, the average net worth of consumers under 35 has dropped by 35%
With house prices rocketing up, most millennial have been stuck renting and throwing their money away, month after month. High rents means hardly anything left over at the end of the month. Also they have lived in the low interest rates, spending on credit cards generation.
There just is not many ways to build real wealth. Unless you move out of a big city, settle for less and buy a cheap house in a smaller place.
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