Millennials Are Poorer Than Their Parents, Investigation Finds
Of course they are.<p>(1) College is mandatory for a lot more jobs, and college costs a lot more than it used to.<p>(2) Houses cost a lot more than they used to, so more people are renting, thus locking them out of that route of asset building.<p>(3) Jobs are harder to come by, and pay worse.<p>(4) Maybe you consider it unnecessary, but there are a lot more monthly expenses (internet, cellular phone) than there used to be.<p>So expenses are up, incomes are down, and wealth building is blocked off.  I don&#x27;t see how the conclusion would be anything else, with merely a moment&#x27;s thought.