Some of the reasons for that are the horrid job market that lasted from 2007 until 2015. The explosion in house prices (median first time home buyer was 30 or 31 in 2008.....its 40 today and the median home buyer is 56 now). When people don't have any kind of confidence in keeping their job, when they can't buy a house guess what they don't do.....if you said get married and start a family, you're right.
I've got an idea. Radically slash H1bs and OPTs. Deport all the illegal aliens en masse. Ban Blackrock and other financial institutions from buying residential real estate. Ban non resident aliens from buying residential real estate. Watch home prices become more affordable, companies to hire Americans - even if they have to bring back the job training programs they killed off a generation ago. Once all that demand is removed from the market, houses will become much more affordable again. With the lower corporate taxes, lower regulatory burdens and nice big honkin' tariffs, companies will hire a lot more Americans. Marriage rates and birth rates will magically improve.
“Marriage and birth rates will magically improve.”
I disagree. I find this description more accurate.
https://www.youtube.com/watch?v=Ys7YqzE95LE
Don’t know if you watch Tim Pool’s podcast on Rumble. He’s one generation behind me and said when he should have been starting a family around 2007-2008 he was sleeping on a friend’s couch. He said he applied for job after job but no offers.
Eventually he became an independent reporter and covered the Arab Spring, Occupy Wall Street and then Antifa.
Now he lives in West Virginia and has a family, though the timing was late.
So yes 2008 hurt a lot of younger Americans.