Article assumes Boomers won’t spend it all before they die.
https://www.theguardian.com/money/2024/feb/28/millennials-richest-generation-wealth-property
Article assumes Boomers won’t spend it all before they die.
https://www.theguardian.com/money/2024/feb/28/millennials-richest-generation-wealth-property
It’s because the housing market is a fucking scam. Let’s have some land value tax.
All the wealth is held up in real estate and largely that is worthless. It’s like capital that doesn’t produce.
The commies on this website don’t understand capitalism but the one thing they are right about is the housing market. Even from a capitalist point of view I got some big thoughts about how it’s fucked.