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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]Why are you pitting the generations against each other? Would young people not have locked in lower mortgage rates if they were an option? Part of it is just demographics. We did not control the size of our cohort! My parents were children during the Great Depression. That caused them to be financially conservative. They raised me like that, so I lived below my means. Now I have enough to support myself in old age. That is highly responsible, and unburdens my children. And guess who will inherit anything that is leftover when I die?[/quote]
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