Brain maturation (fronto-cortical pruning) is not complete until 26 years of age.
Ever notice how you can work at 16, vote and be drafted/enlist at 18, drink at 21 but can’t rent a car without a co-signer until 26?
Now you know why. Car rental agencies don’t study human neurophysiology, but they damn well know there’s a difference between people who rent their cars before and after 26.
Not sure what to make of this article.
It does rightly point out the problems on the supply-side, but avoids any real discussion of zoning ordinances and significant shortages of workers in construction. It mentions the increases in lending rates, but only as a historical aside and does not link it to Federal Reserve Bank policy.
Also, it recommends diversifying your investment portfolio by investing in commercial real estate, which AFAIK is a dumpster fire of untenanted office spaces.