Younger Americans Making Riskier Investments, Nonessential Purchases for Tragic Reason

Why Housing Is Becoming Neo-Feudal: The Collapse of Home Ownership

Why Housing Is Becoming Neo-Feudal: The Collapse of Home Ownership Video essay written by Joel Kotkin and narrated by Zoe Booth. Introduction This video essay examines the collapse of housing affordability across the developed world and the demographic, economic, and political consequences that follow. Drawing on Joel Kotkin’s analysis, it argues that restrictive planning regimes, urban-containment strategies, and elite-driven housing policies…

Younger Americans making riskier investments, nonessential purchases for tragic reason

Research shows a sharp decline in housing affordability in recent decades, with younger generations making riskier investments and spending recklessly as they give up on owning a home.

Younger Americans turn to riskier investments, spend more on nonessentials as homeownership dreams fade: study

Younger generations are making riskier investments and spending more recklessly as they give up on the American dream of owning a home, a new study suggests.The research from Northwestern University's Seung Hyeong Lee and the University of Chicago's Younggeun Yoo published in their study, "Giving Up": The Impact of Decreasing Housing Affordability on Consumption, Work Effort, and Investment," showed the sharp decline in housing affordability in …

Financial News Network - Younger Americans turn to riskier investments, spend more on nonessentials as homeownership dreams fade: study

Young Americans are taking bigger investment risks and spending recklessly as a housing crisis forces them to abandon homeownership dreams, a new study suggests.Read More …