Wealth

The threat to the $100,000-a-year tech worker

Illustration: Aïda Amer/Axios

Much of the discussion around the future of work focuses on what is already disappearing: jobs in factories, on farms, and in restaurants.

But coming automation-fueled job losses and changes will reverberate far beyond — and eventually reach seemingly safe workers in Silicon Valley and on Wall Street.

Millennials are relandscaping the housing market

Illustration of a row of houses shaped like arrows charting upward.
Illustration: Sarah Grillo/Axios

Rising home prices, falling savings rates, record debt levels and strict lending practices have contributed to pushing homeownership farther out of reach for aspiring young buyers.

Why it matters: Owning a home is considered a first step toward financial security and has become more difficult as Americans experience the biggest wealth gap since the Roaring '20s.