Tag Archives: luxury goods

The Generational Short: Banks, Wall Street, Housing and Luxury Retail Are Doomed

If Gen-Y cannot afford to buy Boomers’ houses at bubble-level prices, then what will keep housing prices at these elevated levels? Mish recently posted excerpts of a Brookings Institution study on changing generational values: How Millennials Could Upend Wall Street and … Continue reading

Posted in General | Tagged , , , , , , , , , , , , | 3 Comments