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US boomers hold 15x young wealth
Watcher.Guru reports that US boomers over 75 now hold 15 times the median household wealth of Gen Z and Millennials.
Key points
- American boomers over 75 years old now have 15 times the median household wealth of Gen Z and Millennials.
- Replies note that boomers bought houses when rates were high and prices were low, while Gen Z gets the opposite combo.
- One reply asks where the liquidity flows.
- A reply states 15x the wealth and still tells the user avocado toast is why they can't buy a house.
Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI
Original post
Top replies on X
Reaction on X: Replies mostly joke about the wealth gap, with several citing boomers buying homes when rates were high and prices were low and mocking the avocado toast narrative. One reply asks where the liquidity flows. The original poster did not respond.
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From @Prase_2, @opapoeconomico, @JYoda and others. Spam removed, with English and Chinese translations.
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