One of the key reasons: homeownership. DINKS may have higher household incomes and more advanced degrees, but they own fewer homes, resulting in less equity. Having kids often push couples into homeownership: 71% of DINKs own a home, compared with 79% of dual-income couples with kids. Age is also an important factor, as people tend to accumulate more wealth as they grow older.
Is our system too generous to older people? The generational debate in Spain has intensified, mixing reasonable arguments with false claims and misunderstandings. My position: the concern is valid, even though the problem has no simple solution. First, let's put one point aside: it doesn't matter if young people have lived better than their parents. My generation (1981), lives better than the one before it (1950), and I hope my daughter, born in 2023, will have an even better life.
