Real estate, stocks: Some millennials doubled wealth in last 4 years

Some millennials have experienced a significant financial upturn due to favorable economic conditions in recent years, particularly those who invested in real estate before the pandemic. This group has seen their wealth more than double, with the average millennial household income and home ownership rates also increasing substantially since 2019.

The pandemic introduced several financial relief measures like student loan pauses and stimulus checks, which helped many in this generation improve their economic standing. However, not all millennials benefited equally, highlighting a growing wealth gap within the generation. Despite these advances, concerns about future economic stability remain for many.