Millennials Who Are Thriving Financially Have One Thing in Common

[appalachiablue]

99. Huge gentrification happening in major cities- DC, NY, Boston, Chi, Sea, Port, SF where

wealthy hipsters have housing, stores and schools that cater to them; sky high property costs and rents; displaced local working people and their housing, services and jobs with nowhere to go. Like Rahm in Chicago, RE, tech cos. and many others who know to feed off this population and generation. Prior to the 90s artists often gravitated to cities, no more. 'Creative, artistic, curators' my a*s.

Hard hit, over expanded suburbs that never had the social services kind of infrastructure of cities are becoming zombielands, and the many blighted, job gutted, once thriving cities like Balto., Cleveland, Buffalo, Detroit and more are in continual decline. Prisons are doing well though. There was an article here a few months ago about residents in a smaller town/city that almost rioted to try to get back the prison that moved away because they needed the jobs. A sick country; didn't have to be this way. But like Chris Hedges says, progress isn't linear like we think.

In the 90s a friend in Seattle, originally from the east knew a high school teacher with 2 degrees who spent his summers cleaning carpets in expensive, almost empty homes of junior execs. from Microsoft and other tech cos. They bought for the deduction and investment, were single, rarely home, no spouse or kids. > Reaganomics.