3 ms·
> A key reason there are such large soon-to-be-inherited sums is the uneven way boomers superbly benefited from price growth in the financial and housing market
by Bran_son 3y ago
> A key reason there are such large soon-to-be-inherited sums is the uneven way boomers superbly benefited from price growth in the financial and housing markets.
While their point about financial markets is valid, framing rising house prices as a benefit is incredibly dishonest. Unless one owns multiple houses, one can only realize that "benefit" by going homeless.
In general I find framing the worsening unaffordability of housing/education/healthcare as a "benefit" to those that lived in better times distasteful. It is done to give legitimacy to taking those things away. Not only are things getting worse - if your family managed to protect themselves with sound financial planning, they'll be pulled down back into the crab bucket.