Guys, this is all based on percentages. If you started out with $5 in your name, and got a $1200 stimmie, then poof! You’re now 24,000% richer. (At least until the rent is due…)
With rent skyrocketing, many in that age group also had to move back home. Not paying for rent means a lot more money in your bank account. Just not enough income to rent your own place.
There’s lots of very interesting factors to consider…
But the author is apparently just an idiot if they’re saying it’s because of investments in the stock market
Guys, this is all based on percentages. If you started out with $5 in your name, and got a $1200 stimmie, then poof! You’re now 24,000% richer. (At least until the rent is due…)
Nah.
The big part was student loan pauses.
With rent skyrocketing, many in that age group also had to move back home. Not paying for rent means a lot more money in your bank account. Just not enough income to rent your own place.
There’s lots of very interesting factors to consider…
But the author is apparently just an idiot if they’re saying it’s because of investments in the stock market