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Generational Luck in the Housing Market - A Wealth of Common Sense

Millennials around my age group graduated into the teeth of the Great Financial Crisis. The labor market stunk and not just for a short while. The unemployment rate in America averaged nearly 7% from 2006 through the end of 2015: It was hard for young people to find work. And if you did find a job it probably wasn’t something you actually wanted to do. There was a lot of this going around: Just be happy you even have a job right now. That’s always helpful advice. It was hard to get started. It w...

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