I have disagreements with parts of the article, including the following:
The result is that young people are not being allowed to grow up. In the 1960s the average first-time house buyer was 24 years old, and as late as 2002 it was 28. The average is now 37.
I have disagreement with the above because, generally, "young people" are delaying getting married and having children [1] as well as purchasing housing. And, for some, this is due to greater economic opportunities, especially for women.
Also, there is a type of "basic income" that is surprisingly increasing: disability.[2]
The result is that young people are not being allowed to grow up. In the 1960s the average first-time house buyer was 24 years old, and as late as 2002 it was 28. The average is now 37.
I have disagreement with the above because, generally, "young people" are delaying getting married and having children [1] as well as purchasing housing. And, for some, this is due to greater economic opportunities, especially for women.
Also, there is a type of "basic income" that is surprisingly increasing: disability.[2]
[1] http://nationalmarriageproject.org/wp-content/uploads/2013/0... [2] http://apps.npr.org/unfit-for-work/