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The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ 25 May 2017

    Nearly 70% of people ages 18 to 34 years old said they have saved less than $1,000 for a down paymenthttp://on.wsj.com/2rDIpUt 

    10:05 AM - 25 May 2017
    • 268 Retweets
    • 323 Likes
    • Market Home Buyers ibhyx . joyfulfortress CHFA Rocky Hill Andrew Terhune Modern Major Generalist Gail Finke Kelly
    129 replies 268 retweets 323 likes
      1. New conversation
      2. Nick‏ @PedigerousH 25 May 2017
        Replying to @WSJ

        we were gifted a destroyed economy when we entered the workforce then straddled with stud debt trying to get qualified for the jobs left.

        6 replies 4 retweets 56 likes
      3. Humanity is a group effort.‏ @Saturnist 25 May 2017
        Replying to @PedigerousH @WSJ

        Don't forget boomers not retiring as young as before, leading to lower age-related job turnover in middle mgmt and up.

        2 replies 2 retweets 43 likes
      4. 1 more reply
      1. New conversation
      2. Klaus Nomi Malone‏ @prokchorp 25 May 2017
        Replying to @WSJ

        forgot to include that homes are treated as profit centers & investment vehicles, inflating values & making them prohibitively expensive

        2 replies 0 retweets 12 likes
      3. Klaus Nomi Malone‏ @prokchorp 25 May 2017
        Replying to @prokchorp @WSJ

        just in case y'all want to do a little more research on how the housing market is about producing profitshttps://www.theguardian.com/housing-network/2017/feb/28/un-report-lays-bare-the-waste-of-treating-homes-as-commodities …

        0 replies 4 retweets 10 likes
      4. End of conversation
      1. New conversation
      2. Mr. Cara Patricia‏ @CaraPatricia 25 May 2017
        Replying to @WSJ

        Hard to save for down payments when you have crippling Student Loan debt, medical debt, and graduated college into a US financial disaster.

        1 reply 3 retweets 89 likes
      3. 1 more reply
      1. New conversation
      2. living the dream 🐖‏ @winningisfunn 25 May 2017
        Replying to @WSJ

        $5500 for welding school. Making over 50 a year. Bought a house at 28 (by myself) no college. Maybe that liberal arts degree was a badchoice

        9 replies 0 retweets 14 likes
      3. Barnette Lloyd‏ @Gabe203 25 May 2017
        Replying to @winningisfunn @WSJ

        I have a liberal arts degree and doing just fine. just depends on figuring out what you want to do, credentials u need, and get going

        0 replies 0 retweets 19 likes
      4. End of conversation
      1. New conversation
      2. Novafan23‏ @Novafan23 25 May 2017
        Replying to @WSJ

        You don't HAVE to take out 100k in student loans. Go to community college for 2 years and then a state school.

        2 replies 0 retweets 9 likes
      3.  😾Cat 😾War 😾2018 😾‏ @pigguface 25 May 2017
        Replying to @Novafan23 @WSJ

        maybe post again about that, we didn't hear you the first four times

        0 replies 0 retweets 11 likes
      4. End of conversation
      1. New conversation
      2. nicole swann‏ @SwannDives 25 May 2017
        Replying to @WSJ

        Let's think about this: Could it be a) they are unable to save bc of low wages or b) they buy avacado toast?...hmm 🤔

        1 reply 0 retweets 27 likes
      3. 2Spooky2Mighty‏ @MightyWilltor 25 May 2017
        Replying to @SwannDives @WSJ

        For those who picked (b), you could write a think piece for a major publication.

        1 reply 0 retweets 16 likes
      4. J.D. Harrison‏ @Ganulvian 4 Jun 2017
        Replying to @MightyWilltor @SwannDives @WSJ

        Bit B is closer to accurate. They rather buy iPhones and designer cloths than save money.

        2 replies 0 retweets 0 likes
      5. nicole swann‏ @SwannDives 5 Jun 2017
        Replying to @Ganulvian @MightyWilltor @WSJ

        That's bull shit.

        1 reply 0 retweets 1 like
      6. J.D. Harrison‏ @Ganulvian 5 Jun 2017
        Replying to @SwannDives @MightyWilltor @WSJ

        No it is not at all. Generations of people did it before them while raising families and while making far less money.

        3 replies 0 retweets 0 likes
      7. nicole swann‏ @SwannDives 5 Jun 2017
        Replying to @Ganulvian @MightyWilltor @WSJ

        That is a fallacy. Millennials make far less due to inflation and stagnant wages. Pair that with crippling student loans, and bye bye house.

        1 reply 0 retweets 1 like
      8. J.D. Harrison‏ @Ganulvian 5 Jun 2017
        Replying to @SwannDives @MightyWilltor @WSJ

        There is an easy solution to that. It's called get an education and quit voting democrat.

        1 reply 0 retweets 0 likes
      9. nicole swann‏ @SwannDives 5 Jun 2017
        Replying to @Ganulvian @MightyWilltor @WSJ

        Millennials--myself included--are more educated than any generation before them. Also, financial crisis was caused by GW, a Republican.

        2 replies 0 retweets 1 like
      10. 4 more replies
      1. Kenny Marshall: Race Traitor & (((Lover)))‏ @urknighterrant 25 May 2017
        Replying to @WSJ

        We give 'em shitty pay, bury 'em in debt, devalue their money t'pay for our mistakes, then wonder why they have no savings. #NoCureForStupid

        0 replies 1 retweet 8 likes
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