Via Market Watch a report that not all Millennials are a bunch of immature snowflakes:
Just over 35% of people ages 18 to 35 own a home, according to data from the Census Bureau, compared to nearly four in 10 who did just six years ago. That’s a big reason the home ownership rate for all ages hit its lowest level since 1965 last year, and has only ticked up slightly since.
But in four cities in America, the majority of millennials are bucking that trend, according to a study released Tuesday by financial firm SmartAsset. Using Census Bureau data, the firm looked at home ownership rates in households headed by someone under 35 in the 200 largest cities in America.
The 4 cities where more than half of millennials own a homeOf course, Mrs. Stroock and I didn't own a home until 2005.
1. Elk Grove, Calif. 61%
2. Gilbert, Ariz. 57%
3. Frisco, Texas 55%
4. Port St. Lucie, Fla. 54%
Anyhoo, we have argued here before that the snowflake phenomenon is concentrated in the elite Millennials like these people:
I was fired from my internship for writing a proposal for a more flexible dress code...Do read the whole thing, but basically this girl was an intern who'd never held a job before and thought she could get all the other Millennial interns together to force a dress-code change. When you think you should go to college for $50,000 a year, you think you should change a corporation's dress code.
Of course, we once got fired from an internship, but that was for general stupidity, sloth, lethargy and Gen-X slackerdom.
Back in our professorial days, our Millennials were mostly middle-class kids, many were coming to class from jobs, many were at our community college to save money. None of them seemed entitled. They were nice kids and we liked them.
Don't get us wrong, we can think of all kinds of reasons why Millennials suck. But that's just because we're middle aged and they're young. These whippersnappers...
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