Young Americans Suffer Under Democrats

Will young Americans keep voting Democrat?

Thanks to President Biden and the Democrats, more young Americans than ever before are now choosing to continue living with their parents to avoid spending money on rent.

What’s interesting about this however is that as a result these young Americans are now spending more money on luxurious items and are inadvertently creating a luxury goods boom.

According to Fox, the combination of record-high prices in rent, groceries, and more are now causing 48% of Americans aged 18 to 29 to live at home with their parents instead.

Morgan Stanley analysts Edouard Aubin explained, “When young adults free up their budget for daily necessities, they simply have more disposable income to be allocated to discretionary spending. We see it as fundamentally positive for the [luxury] industry.”

Additionally, a new Property Management survey found that only four-in-ten millennials who live with their parents are charged rent and only half of those millennials pay less than $500 per month.

President Biden and the Democrats sent inflation through the roof now younger Americans are inadvertently becoming more dependent on others. Not a good sign.