The article discusses the economic advantages experienced by the baby boomer generation born between 1946 and 1964. They benefitted from affordable housing and education, which enabled many families to thrive on a single salary. In contrast, today's millennials face significant challenges due to soaring home prices, with many unable to purchase a home within their means. The article highlights that these disparities in economic prosperity are likely permanent and pose serious questions about future financial stability for upcoming generations.
The baby boomer generation, born from 1946 to 1964, is characterized not only by its size but also by its substantial wealth, enjoying economic conditions unmatched today.
Many benefits enjoyed by baby boomers, such as affordable housing and low-cost education, are now relics of the past, leading to a stark economic divide between generations.
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