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Money and Finances
Reply to "Boomers' Billion-Dollar Bonanza: The Unseen Hoarding Behind Millennial Struggles"
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[quote=Anonymous]My boomer parents, aunts, and uncles all lived at home until they got married, through college and often graduate school. So by the time they got married in their late 20s they had savings. My parents couldn't afford a house right away but they bought a co op so theybbuilt some equity, then bought a house when I was in second grade. Of course it's more difficult to save for a house if you're renting for a decade first, shopping at high end stores, buying all the latest electronics, eating out all the time, and traveling several times per year. The boomers seem to be doing these things after they retire instead of during their 20s and 30s.[/quote]
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