Eric Lombardi: Divergence of asset prices and income impacts youth outlook

Eric Lombardi: Divergence of asset prices and income impacts youth outlook
Asset prices and income gap affects youth

Eric Lombardi points to the widening gap between asset prices, specifically housing, and income since the global financial crisis as a significant factor behind economic challenges and rising cynicism among young people.

He suggests that an entire generation has seen its expectations for the future diminish as a result of these economic shifts.

Lombardi has previously noted that new summit documents show Ontario has the fewest investor projects and lowest potential value among all provinces, according to his earlier report. He has also highlighted the economic potential of Northern Ontario, emphasizing infrastructure development for future growth in the region in a separate analysis focused on infrastructure. These perspectives extend his ongoing commentary on regional economic opportunities and challenges.

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