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The Atlantic Daily: Why Millennials Can't Grow Up


The Atlantic
The Atlantic Daily: Why Millennials Can’t Grow Up
As the oldest hit 40 (and the youngest turn 25), their experiences are fragmenting by race and class. Then: How much credence should Americans give to the lab-leak hypothesis?
The Atlantic
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Millennials risk becoming a lost generation. They’ve lived through not one, but two major recessions, leaving them strapped for cash and unable to accumulate wealth at the same pace as their parents did. ....

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Millennials Are Grandparents Now - The Atlantic


The Atlantic
Why Millennials Can’t Grow Up
Today’s economic conditions are not just holding Millennials back. They are stratifying them, leading to unequal experiences
within the generation as well as between it and other cohorts.
May 13, 2021
Adam Maida / The Atlantic / Getty
A few weeks ago, I met my first Millennial grandparent. I was interviewing a woman in her late 30s about President Joe Biden’s new child-tax-credit proposal, and she mentioned that it would benefit not just her two young kids but her older son’s kid too.
The incidental meeting was a reminder both that Millennials are getting older and that they are doing so without growing up, at least not in the way that many of them might wish. The woman I interviewed does not own a home, nor is she anywhere close to affording one. She has nothing in the way of savings. Nevertheless, she is a grandmother, catapulting into middle age. ....

San Francisco , United States , Bill Gates , Mark Zuckerberg , Caitlin Myers , Gen Xers , Federal Reserve Bank , The New York Times , Baby Boomers , Louis Fed , Black Millennials , சான் பிரான்சிஸ்கோ , ஒன்றுபட்டது மாநிலங்களில் , ர சி து வாயில்கள் , குறி ஜுக்கேர்பெற்க் , கெய்ட்லின் மைஸ் , கூட்டாட்சியின் இருப்பு வங்கி , தி புதியது யார்க் முறை , குழந்தை பூமர்கள் , லூயிஸ் ஊட்டி , கருப்பு மில்லினியல்கள் ,

Homes in Black neighborhoods are undervalued by $46,000 on average


Homes in Black neighborhoods are undervalued by $46,000 on average
A pair of recent real estate studies are shedding light on how people of color have been consistently disadvantaged in the US housing market for years and are largely missing out on the country’s ongoing home-buying frenzy.
For nearly a decade, homes sold in mostly Black neighborhoods have been undervalued by an average of $46,000, according to a Redfin analysis released Wednesday. Redfin, a national discount real estate brokerage, examined the valuations of more than 73 million single-family homes listed and sold between January 2013 and February 2021, and found a major gap between houses sold in Black and White neighborhoods. ....

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