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majormajor | 12 days ago
Even if we read that as generously as possible - "wow, look at how many millennials buy $20 Erewhon smoothies" - it's a wildly stupid play to couple that to how many millennials are in debt and can't afford homes.
Nobody said no millennials can afford homes. Nobody said they are all broke. Plenty of businesses out there are still capitalizing off the higher end of the range.
But at almost every percentile they're worse off than their parents were, economically. And probably working more hours to get there.
wiredpancake|12 days ago
Banks in Australia are now denying University Graduates, including those like myself in IT Industries, home loans due to increased risk of AI replacement in various workforces.