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Why Millennials and Gen Z Struggle to Build Wealth and Own Homes
In this episode of Main Street Matters, Elaine Parker and Jeremiah Poff of the Washington Examiner discuss the challenges faced by millennials and Gen Z in achieving home ownership and building wealth. They explore the economic shifts from a production-driven economy to a consumption-driven one, the impact of inflation on housing prices, and the role of student debt in economic mobility. The conversation highlights the importance of local economic drivers and corporate responsibility in creating sustainable communities. They also address the need for effective messaging of economic policies to connect with everyday Americans.
Read Jeremiah's Work HERE | https://www.washingtonexaminer.com/author/jeremiah-poff/page/5/
Chapters
00:00 Introduction to Generational Wealth Disparities
03:07 Economic Shifts and Housing Affordability
05:55 The Impact of Consumption Economy on Home Ownership
08:48 Comparing Generational Home Buying Experiences
12:02 Inflation and Real Estate Market Trends
15:01 Student Debt and Economic Mobility
17:56 The Role of Small Businesses in Local Economies
20:52 Corporate Responsibility and Community Impact
24:02 Messaging Economic Policies Effectively
26:54 The Future of Economic Policy and Community Engagement
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