In this Left Out bonus clip, economist Michael Hudson answers whether millennials should get into the housing market.
"There are two classes millennials now. One class of millennials inherits houses from their parents, or have a trust fund or the parents have paid for their education in full and have helped them get a house or have given them their own house. Rich millennials who have parents helping them are in one class, and the class of self-supporting millennials--which used to be just about everybody in their late 20s--can’t afford to be self-supporting anymore, even in their 30s."
The Hudson Report is a new weekly series produced by Left Out with the legendary economist Michael Hudson. Every episode we cover an economic or political issue that is either being ignored—or hotly debated—that week in the press.