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It’s also worth noting where the money is going. It isn’t evaporating into the air. Everyone talks about increasing numbers of parents helping their adult chil
by bradleyjg 3y ago
It’s also worth noting where the money is going. It isn’t evaporating into the air.
Everyone talks about increasing numbers of parents helping their adult children from the angle of a moral failure by the children. Why doesn’t anyone stop to wonder why so many older people have so much money in the first place?
- nouveaux 3y agoOlder people have more money because they 1) Lived longer to accumulate wealth. 2) Housing was cheaper relative their income 30 years ago. It's also worth noting that 50% of homeless people are over 50 [1] [1] https://www.governing.com/urban/the-nations-homeless-population-is-aging-dramatically https://www.governing.com/urban/the-nations-homeless-populat...
- bradleyjg 3y agoHousing was cheaper relative their income 30 years ago. This wasn’t some cosmic accident. It was a result of policy choices.