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I saw a comment recently that described the shift to a "consumer economy." Relative to boomers, millennials have increased access to goods and services like hig
by us-merul 10mo ago
I saw a comment recently that described the shift to a "consumer economy." Relative to boomers, millennials have increased access to goods and services like high-definition televisions, computers, international travel, and luxury foods (e.g., avocado toast). But in terms of wealth and assets, millennials have reduced or less feasible access to things like home ownership or college degrees (not to mention childcare or healthcare), compared to boomers. Though the causes of this shift are up for debate, it does seem that boomers had an easier path to ownership or growth, while millennials and beyond face more rent-seeking obstacles.
- toomuchtodo 10mo agohttps://www.visualcapitalist.com/visualized-u-s-inflation-by-category-in-2025/ https://www.visualcapitalist.com/visualized-u-s-inflation-by... https://www.visualcapitalist.com/inflation-chart-tracks-price-changes-us-goods-services/ https://www.visualcapitalist.com/inflation-chart-tracks-pric... https://www.axios.com/2025/09/22/the-american-dream-will-cost-you-5-million-report-finds https://www.axios.com/2025/09/22/the-american-dream-will-cos... https://wtfhappenedin1971.com/ https://wtfhappenedin1971.com/ Related: (others?) Why Millennials and Gen Z Are Going Gray Early, According to Experts - https://news.ycombinator.com/item?id=45738730 https://news.ycombinator.com/item?id=45738730 - October 2025 (0 comments) American Millennials Are Dying at an Alarming Rate - https://news.ycombinator.com/item?id=44963675 https://news.ycombinator.com/item?id=44963675 - August 2025 (9 comments) Millennials were priced out of capitalism - https://news.ycombinator.com/item?id=43808835 https://news.ycombinator.com/item?id=43808835 - April 2025 (9 comments) Millennials –The Unluckiest Generation–Became the Most Economically Divided - https://news.ycombinator.com/item?id=42020355 https://news.ycombinator.com/item?id=42020355 - November 2024 (1 comment) Millennials to feel biggest burden of fixing Social Security, report finds - https://news.ycombinator.com/item?id=40505200 https://news.ycombinator.com/item?id=40505200 - May 2024 (0 comments) Deeply Unhappy Gen Z and Millennials Cause U.S. Drop in Global Happiness Ranking - https://news.ycombinator.com/item?id=39767329 https://news.ycombinator.com/item?id=39767329 - March 2024 (46 comments) Millennials Have the Children, but Boomers Have the Houses - https://news.ycombinator.com/item?id=39295239 https://news.ycombinator.com/item?id=39295239 - February 2024 (12 comments) HN Search: Millennials - https://hn.algolia.com/?q=Millennials https://hn.algolia.com/?q=Millennials