Mortgage rate 7% is too high.
If you didn’t purchase a home in 2020-21, you seem to have missed the boat.
Sure unemployment rate is low, but young people don’t have that feeling that job market is great. The confidence of easily getting another job, or getting a good raise is not high.
Sure crypto price may ease some pressure if you assume that’s young people’s assets, but that’s too speculative to put a lot of money, and may not be good for the hardworking people with low risk-appetite.
Student debt relief seems to be a limited approach.
Pro-Palestinian protests and the subsequent arrests could be troubling.
It’s either lowering rates soon or legalizing marijuana soon, to win young voters.
But marijuana is a risky approach and might have negative impact on other voters. Must be cautiously executed.