A.D. Cantelmo Property Management
Our Business is Property Management in Orange County California
The Boomerang Generation
Having graduated college in the aftermath of The Great Recession—the worst recession in the U.S. since TheGreat Depression—Millennials’ job prospects and future earnings potential have been limited from the start of their careers.
Despite the societal norms of previous generations, going to college no longer guarantees the ability to, and even if you do secure a good job, you are not guaranteed employment until retirement, but rather must constantly reinvent yourself in order to be competitive and remain relevant.
According to C.A.R.’s 2014 Millennials Survey, 33 percent of Millennials in California have full time employment; 19 percent have a part time job, 24 percent are students . These weak job numbers translate to a median annual income of $35,000. Low annual wages are a major hindrance in this generation’s ability to purchase a home ,which has resulted in them “boomeranging” back to their parents’ homes.
A.D. Cantelmo Property
Management Specializes in Property Management in Orange County