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How America’s Housing Crisis Fueled A Boom In Stocks And Crypto
I wrote earlier Friday about US housing. Again. Again squared. Then cubed. The vexing circumstances
I have one Millennial (just barely) and two Gen Zs; who, post-college, have all chosen to rent “condo quality” apartments- with quartz countertops, combo microwave/air fryers, gas cooktops, in unit washer/dryers and floor to ceiling windows. Meanwhile, they are “killing it” in the stock market.
My first apartment, on the other hand, was a studio in a pre-war building with one window that overlooked a brick wall (on the other side of a light well) on 91st and West End. At that time, I didn’t even know how to invest in the stock market and it wouldn’t have mattered-I spent all my extra money going out in NYC. 🙂