Middle generation and middle class before the post-covid19 recession, Income, wealth and health i...

Young-mid-aged adults (YMAA) - typically in the first decades of their entry in the labour market - make strategic choices in a context of uncertainty, such as home ownership, debt and saving balance, and wealth strategies, which have strong impacts in the long run. Before covid19, apart from the 2008 financial crisis, relative stability, easier access to credit, and the rapid growth of the housing index (with different magnitudes across countries) favored home ownership; early investment (through debt) favored capital gains. The later the decision to buy, the smaller the surface a househol...