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How about raising the floor of poverty? As a wealthy parents you can already afford massive leg-ups with your children by supporting their education and offeri
by ta1243 3y ago
How about raising the floor of poverty?
As a wealthy parents you can already afford massive leg-ups with your children by supporting their education and offering the opportunities. How does inheriting 300k when they turn 50 help?
- ToucanLoucan 3y agoIn the current market, it's the only way many millennials and zoomers will ever own a home.
- ta1243 3y agoAny many more won't be able to because their parents don't own a home? Carry on like that and you end up with the landed gentry and feudalism. Far better to ensure millennials (many who are now in their 40s) and zoomers can own a home regardless of their parents. One way would be to prevent generational transfer of wealth -- meaning that everyone is in the same boat, you have to work on your merits, rather than who your parents are.