The Loveland Reporter-Herald editorial: Life is tough these days, so give millennials a little grace
Millennials – the generation of young adults born between 1977 and 1994 – have been getting a lot of abuse lately.
Australia’s version of “60 Minutes” recently aired a piece wherein one of that country’s millionaires said if young people would stop buying $19 avocado toast and $4 coffees they could afford to buy houses.
The internet responded with mathematical reasoning to point out that in most places, giving up such things wouldn’t be nearly enough to allow young people to save the money needed to buy homes.
Young people who are graduating from high school and college this year or have done so in the past decade are coming of age in a time when real estate prices are rapidly rising, health-care/insurance costs are rising and wages have been stagnant. They face definite challenges to buying a home.

