Wife and I are middle millenials ('85 and' 86), and do low six-figure salaries in our corporate jobs. I spent most of my career in the nonprofit world before marrying this year, so I'm kind of new to having any extra money.
Wife's parents really think we should buy a property and do the airBnB fuckery that's destroyed the possibility of affordable housing, and just become regular bottom-feeding landlords as a fallback. I actually think (and hope) people doing it are about to fall into the next real estate crash in a minute.
Meanwhile, most stocks and other financial investments (including ours) are in the toilet right now with no immediate prospects of recovery, which is maybe what's driving so many people to buy real estate in the first place.
People on this sub with money, what are you doing with it?