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Finance guru Dave Ramsey slams 'awful' Gen Zers and millennials who live with their parents: 'They suck. They can't buy a house because they don't work' (fortune.com)

submitted 7 months ago by return2ozma@lemmy.world to c/nottheonion@lemmy.world

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[–] florge@feddit.uk 152 points 7 months ago (16 children)

However, the upheaval millennials and Gen Z have faced may soon be behind them. The former is expected to become the “richest generation in history,” courtesy of a $90 trillion great wealth transfer in the coming decades, while younger consumers generally say they’re feeling more optimistic about their financial futures.

Don't worry, eventually your parents will die and you'll be able to live in the whole house not just the basement.

[–] astraeus@programming.dev 114 points 7 months ago (2 children)

$90 trillion great wealth transfer. As if that money is going into the hands of people who aren’t already obscenely wealthy to begin with.

[–] nilloc@discuss.tchncs.de 35 points 7 months ago* (last edited 7 months ago)

Also the the boomers with any wealth are going to live a lot longer. My boomer mom’s mom was 91 when she died, the only reason my mom is solvent is because she inherited and sold grandma’s house.

If my mom lives that long I’ll be in my mid 60s and my brother in his 50s. I’m a late Gen Xer btw.

So the timeline is at least 15-20 more years.

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