Forget boomers vs millennials, inequality between millennials is much more concerning. A graph from FT showing wealth inequality across the two generations over time.
Forget boomers vs millennials, inequality between millennials is much more concerning. A graph from FT showing wealth inequality across the two generations over time.
FWIW, this is among millennials and boomers in the UK
illmatico on
Class divide > generational divide
naijaboiler on
housing, housing, housing.
mindcorners on
Since this is “housing wealth” isn’t the difference between millennials just about whether they own a home or not? Like yes the average millennial is renting and that is its own issue. But isn’t there a better way to measure the wealth gap between peers?
Ares6 on
When those millennials inherit from their boomer parents this would actually get worse.
dgreenbe on
This is why comparing averages among generations obscures much of the story
7 Comments
FWIW, this is among millennials and boomers in the UK
Class divide > generational divide
housing, housing, housing.
Since this is “housing wealth” isn’t the difference between millennials just about whether they own a home or not? Like yes the average millennial is renting and that is its own issue. But isn’t there a better way to measure the wealth gap between peers?
When those millennials inherit from their boomer parents this would actually get worse.
This is why comparing averages among generations obscures much of the story
Interested to see Gen Z vs millennials