Oct
12
Don’t Worry About Inflation. Solve the Housing Shortage.
ByThe Fed is pre-emptively raising interest rates so the economy doesn’t overheat. But overheating is not the current problem.
As millennials age into their family-forming years, their tastes are shifting, and the American consumer industry is ready to appeal to them. But while stories about how Scotts Miracle-Gro intends to win over millennial consumers make for fun cocktail-party conversation, there’s a more serious question about aging millennial households. Will the economy be able to meet this growing demand from a generation that’s getting a late start on traditional measures of adulthood? History suggests the answer is no…
Don’t Worry About Inflation. Solve the Housing Shortage.
