Actually for this generations the squeeze are two way. One is higher pensions the other is higher housing costs. A growth in house equity value is a transfer be

Actually for this generations the squeeze are two way. One is higher pensions the other is higher housing costs. A growth in house equity value is a transfer between generations as the older generations came into the property value at the bottom. Norway right now is an extreme example of this as the high prices of property squeeze out the young from the market and transfers money to the older generations.