At long last, Millennials have begun buying homes. Will they ever catch up to previous generations? Or will the market continue to hold them back with high rents, lingering student debt, and opposing pressure from Baby Boomers? Believe it or not, these forces are neither inevitable nor insurmountable. There is a third way, a bridge between the generations, a new social contract that’s mutually beneficial for all…if we choose to see with enlightened eyes.
In this episode, Dowell Myers questions the fate of a generation grasping at the mantle of opportunity and projects the possible future scenarios they are rapidly approaching.
Prof. Myers is a Professor in the Sol Price School of Public Policy at the University of Southern California. He is the Director of the Population Dynamics Research Group and author of the book Immigrants and Boomers: Forging a New Social Contract for the Future of America.
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