this post was submitted on 12 Apr 2024
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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.

[–] WhatAmLemmy@lemmy.world 65 points 7 months ago* (last edited 7 months ago) (3 children)

This is what neoliberalism and capitalism wants the younger generations to believe, but a large percentage of that wealth will be stolen via health care and similar predatory, exploitative systems.

[–] radiohead37@lemmy.world 8 points 7 months ago

Reverse mortgage enters the chat.

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