3 ms·
rather they got to live life in easy mode Not quite. Every generation has things that are advantageous, every generation has things that are terrible. Interes
by simonblack 5y ago
rather they got to live life in easy mode
Not quite. Every generation has things that are advantageous, every generation has things that are terrible.
Interest rates for the boomers got as high as 20%. They couldn't afford to borrow for a house, even if their wages were good. Millennials have lower wages (relatively speaking), but interest rates won't kill them if they can save enough for a house deposit.
Two different generations: two different problems causing the same outcomes.