And while the path to homeownership is harder now for millennials carrying student debt, dealing with rising rents, and
experiencing stagnant wages, NAR research shows that millennials still see the value in owning and home and once they are ready, they are looking to a real estate agent in higher numbers than ever before.
«The average American consumer is
experiencing stagnant wages and is as cost - conscious as ever, which ultimately bodes well for the future of dollar store properties,» Wright says.
Low - skill workers are
experiencing stagnant wages, family instability, high unemployment, and low labor force participation even as the economy has been growing for six years.
Those without postsecondary training have
experienced stagnant wages, were hit the hardest by the Great Recession, and have barely benefitted from the subsequent economic recovery.
Not exact matches
While it remains most acute in urban core neighborhoods with intergenerational poverty, 31 hunger is increasing in suburban locales and is most prevalent in rural Southern locales.32 Since
wages have been
stagnant or eroding in many industries, two - thirds of families
experiencing food insecurity have at least one working adult, and many might initially appear to be maintaining a middle - class lifestyle.33
The U.S. economy has
experienced a period of debt - financed, consumption - led «expansion» with
stagnant wages and employment, and has been running large and rising current account deficits (the current account deficit is a broad measure of the trade deficit).
Instead of focusing on real issues —
stagnant wages and exploding student loans and the like — media outlets are touting the magnificent Millennial lifestyle «choices» like choosing
experiences over stuff (note: they can't afford «stuff») and forgoing a house in favor of a «preference for urban locations with lots of entertainment and lifestyle choices» (note: a house is considered «stuff»; still can't afford it).