usa: 50% of 25 year olds living at home w/ parents, 30% of 30 year olds are living at home w parents

[newfie]

Do you know what the student loan rates were in that time period? Do you know the inflation adjusted tuition costs were?

Why don't you tell us?

smoke and mirrors again I see.

 

[Sportello]

smoke and mirrors again I see.

You are a special kind of special, bless your heart.

 

[Babagounj]

'Largest-ever' Silicon Valley eviction to displace hundreds of tenants

Demolition of 216-unit complex is the latest example of rising income inequality in a region home to many of the world’s wealthiest technology companies.
....roughly 670 tenants who are being displaced from their homes in what local housing advocates believe to be Silicon Valley’s largest-ever mass eviction of rent-controlled tenants.
Residents of the Reserve recently learned they would all have to move out by April of next year so that developers could move forward with construction of new housing that many of them will not be able to afford.
The Reserve evictions are part of a much broader trend of northern California communities becoming unaffordable to middle-class people in the face of rapid gentrification and a booming tech economy.

 

[Sportello]

'Largest-ever' Silicon Valley eviction to displace hundreds of tenants

Demolition of 216-unit complex is the latest example of rising income inequality in a region home to many of the world’s wealthiest technology companies.
....roughly 670 tenants who are being displaced from their homes in what local housing advocates believe to be Silicon Valley’s largest-ever mass eviction of rent-controlled tenants.
Residents of the Reserve recently learned they would all have to move out by April of next year so that developers could move forward with construction of new housing that many of them will not be able to afford.
The Reserve evictions are part of a much broader trend of northern California communities becoming unaffordable to middle-class people in the face of rapid gentrification and a booming tech economy.

Free Market and Capitalism at work, baby!

I'm assuming you are posting this tidbit because you approve, right?

 

[Babagounj]

Of course.
And to keep the main topic of this thread active, how many of the 670 residents will now have to return to mommy's basement now .

 

[UpstateNYUPSer(Ret)]

Eminent domain.

 

[Sportello]

Of course.
And to keep the main topic of this thread active, how many of the 670 residents will now have to return to mommy's basement now .

I don't think any of their 'mommy's ' have basements.

 

[Babagounj]

I forgot that .
How many do you think will have to convert mommy's garage into new living spaces ?

 

[Sportello]

I forgot that .
How many do you think will have to convert mommy's garage into new living spaces ?

No garages, either.