re: Share of National wealth owned by each generation

Compounding interest math says that's what it's supposed to look like. It's almost like older people, who have saved for longer, have more money. Crazy, I know.

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Here’s the bullshite post claiming all the younger ones want handouts. What we want and won’t get is the same financial opportunity you had.

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Awwww. Quit and DO something for yourself instead of whining about it , casting blame everywhere and expecting someone else (mainly the government) to do it for you.

Tard alert.

Generation X gonna get large amount of wealth as us Boomers pass on

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Boomer/Gen X first house expectation: Millennial/Gen Z first house expectation: Also millennials: Why are houses so expensive??

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I realize that’s a bit of an exaggeration but I do understand the sentiment. I’m not a housing or market expert - but I have an anecdotal experience.

Im a gen-xer and I bought my first house when I was 32 - and for context it was following the 08’ market crash - so anxiety was high.
My fiancé and I were looking and I was obsessed with finding a place in a popular neighborhood that would grow in resale value. My dad said to me during the search “why are you looking at this strictly as an investment? It’s a house. Odds are high that where ever it is will be worth more than you paid if you stay in it and make improvements that you need and can afford”.

We ended up settling on a starter house way smaller than we’d been looking for and spent the next 10 years making it better and when we moved, we made back every penny we sunk in and bought a slightly larger but modest ranch-style house in a decent neighborhood and if we don’t
stay here forever, we’ll likely downsize when my son moves out.

I do see a lot of young people wanting to be in much nicer houses then they were raised in. I see a lot of great starter homes in my neighborhood sit empty on the market for months and months. I don’t know if that’s purely a generational thing but it does seem anecdotally that young people don’t want to start small and build up when it comes to home ownership. There seems to be a lot of focus on popular areas and houses that have exponential growth in value. I was the same way - but I acted against that impulse and I have zero regrets.

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I wouldn't hold your breath waiting for a inheritance. They're largely spending it all in retirement.

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That’s my current retirement goal.

Where's the greatest generation? They don't own nothing for sure,

Don’t confuse the spoiled brats with facts.


Also, did anybody over 50 have what they have now when they were 30?

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Gen X had the largest voting percentage for Trump by a country mile. frick them.

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Any generation that didn’t vote for Trump over drunk on her knees Kumala and “Manly Man” Tim should go frick themselves and will frick themselves eventually unless they start to breed the beta cuck out themselves.

Tim’s dumbass cheered the tanking of a stock his own state’s retirement fund owned.

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