Why Gen Z & Millennials Struggle to Build Wealth
00:00:00.000 | the core idea is there is mobility upward that's generally true at least in u.s society over the
00:00:05.160 | period i talked about i think that's probably going to be true in the future even though yes
00:00:08.420 | it's been a little bit slower recently i think gen z millennials gen gen alpha all these people
00:00:13.020 | like it's been tougher on them than prior generations like for a host of reasons i think
00:00:16.440 | housing prices is one of those big determinants that's slowing that down but we're going to see
00:00:20.660 | this change over time as the boomers pass on and stuff all that wealth is going to start moving back
00:00:24.600 | into the next generation etc i'm hopeful i think we just have to wait it out i think just the median
00:00:28.560 | the first time home buyer age is going to go up like we're just going to delay what we normally
00:00:32.480 | would have done earlier in life that's all