Baby boomer: Difference between revisions

Baby boomer (edit)

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 ==Wealth and Real Estate Hoarding==
-Boomers own 75%+ of the real estate market<ref>https://www.wealthmanagement.com/blog/baby-boomers-have-all-money</ref>, often renting real estate out at ridiculously high prices despite. Baby boomers, along with their parents the silent generation, own 80% of American household wealth<ref>https://www.fool.com/investing/general/2015/11/22/youll-never-guess-who-will-own-almost-half-of-amer.aspx</ref>.  This means everyone below age 53 in American only own 20%   They are also not expected to leave any of it for their children, which is horrifying and will leave millenials in extreme poverty unless Boomers blow up the world with nuclear bombs in a fit of existential dread.
+Boomers own 75%+ of the real estate market<ref>https://www.wealthmanagement.com/blog/baby-boomers-have-all-money</ref>, often renting real estate out at ridiculously high prices despite. Baby boomers, along with their parents the silent generation, own 80% of American household wealth<ref>https://www.fool.com/investing/general/2015/11/22/youll-never-guess-who-will-own-almost-half-of-amer.aspx</ref>.  This means everyone below age 53 in American only owns 20% of all the wealth in America.  They are also not expected to leave any of it for their children, which is horrifying and will leave millenials in extreme poverty unless Boomers blow up the world with nuclear bombs in a fit of existential dread.
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