Millennials Knocking on the Door of the American Dream
At long last, Millennials have begun buying homes. Will they ever catch up to previous generations? Or will the market continue to hold them back with high rents, lingering student debt, and opposing pressure from Baby Boomers? Believe it or not, these forces are neither inevitable nor insurmountable. There is a third way, a bridge between the generations, a new social contract that’s mutually beneficial for all…if we choose to see with enlightened eyes.
In this episode, Dowell Myers questions the fate of a generation grasping at the mantle of opportunity and projects the possible future scenarios they are rapidly approaching.
Prof. Myers is a Professor in the Sol Price School of Public Policy at the University of Southern California. He is the Director of the Population Dynamics Research Group and author of the book Immigrants and Boomers: Forging a New Social Contract for the Future of America.
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“Resolving the Millennial Homeownership Rate Paradox” by Dowell Myers, Hyojung Lee, and Patrick Simmons
“Peak Millennials: Three Reinforcing Cycles That Amplify the Rise and Fall of Urban Concentration by Millennials” by Dowell Myers
“Mutual Benefits and Equity amid Racial Diversity: A Generational Strategy for Growing a Broader Base of Support for Social Equity” by Dowell Myers
“Cohort Momentum and Future Homeownership: The Outlook to 2050” by Dowell Myers & Hyojung Lee
“Racial Population Projections and Reactions to Alternative News Accounts of Growing Diversity” by Dowell Myers & Morris Levy
“The Generational Future of Los Angeles: Projections to 2030 and Comparisons to Recent Decades” by Dowell Myers & John Pitkin