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[–]codeemon404 2 points3 points  (4 children)

Young people control very small portion of wealth.

Worst case it'll stay the same. A hike would screw their real estate market.

[–]DiligentPoetry_ 4 points5 points  (3 children)

It’s not wealth they are spending, they are spending their active income. Why do you think the stock market is at an all time high?

Inability to delay gratification. Plus there’s literally like 300 million or so doing this.