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Originally Posted by CliffFletcher
Your google broken?
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I don't think anyone said "no millenials" or "a majority of millenials" aren't doing those things, but they are doing them less than previous generations. Millenials are having less kids and less divorces, negating the need for larger houses and vehicles.
https://www.bloomberg.com/news/artic...ate-to-plummet
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Americans under the age of 45 have found a novel way to rebel against their elders: They’re staying married.
New data show younger couples are approaching relationships very differently from baby boomers, who married young, divorced, remarried and so on. Generation X and especially millennials are being pickier about who they marry, tying the knot at older ages when education, careers and finances are on track. The result is a U.S. divorce rate that dropped 18 percent from 2008 to 2016, according to an analysis by University of Maryland sociology professor Philip Cohen.
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https://www.moneyunder30.com/are-mil...ing-fewer-kids
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It turns out the statistics back Toys R Us up. Millennials are having babies at the slowest rate of any generation in American history. Birth rates among women in their twenties dropped by 15 percent between 2007 and 2012, according to the Urban Institute. Four years later 2016 brought a record low for fertility—the CDC estimates only 62 births per 1,000 women.
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https://www.forbes.com/sites/josephc.../#16a0ec5c2058
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Whatever the reason, the decision of Millennials to delay or forgo having children will have a ripple effect on wannabe Baby Boomer grandparents. No, I am not concerned about Donna’s desire for grandbabies. I am thinking about a far more practical issue – Donna’s financial security.
The majority of Baby Boomers' wealth is not in the bank, in a pension plan or in an investment portfolio, but in their homes. Despite the popular urban mythology of Boomer life in the big city, more than 70% of Baby Boomers are still living in suburban and rural areas. An increasing number of soon-to-retire and recently retired Boomers are looking to downsize and cash out the decades of equity they have amassed in their homes as a source of income and a chance to live the good life. But how can they cash out without any buyers?
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