The Daily Note with James A. Brown

The Great Depression 2.0


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Takeaways:

  • Half of young adults currently live with their parents, a statistic reminiscent of the Great Depression era.
  • Unlike in the past where it was about survival, today's housing struggles are more about economics and math.
  • With rent consuming 60% of incomes, moving out and achieving independence feels nearly impossible for many.
  • We've created a world where personal independence is treated like a luxury item—how did we get here?
  • There was a golden age when home ownership was within reach; now, those days seem like a distant dream.
  • Our assumptions about permanent independence have been proven wrong, so what does the future hold for us?



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The Daily Note with James A. BrownBy James A. Brown

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