Boomers v Millennials: who’s robbing who?
YOUNG people have been robbed by older generations, some political and media prawns love to assert. How do they figure this? It’s because old households have more wealth than younger ones, and because many younger people are wondering forlornly whether they will ever be able to afford to buy homes of their own. According to some commentators this is the fault of oldies, who are selfishly sitting around taking up space in the cities and the burbs that could be occupied by the young, if only they’d get out of the way. I don’t know whether…