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Millennials like me turned 40 this year Everything you think you know about us is wrong

Millennials like me turned 40 this year Everything you think you know about us is wrong
kvia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kvia.com Daily Mail and Mail on Sunday newspapers.

Housing market crisis is making boomers richer and millennials poorer

As the price of housing shoots higher and higher into the clouds with no clear end in sight, millennials \u2014 and yes, Gen Z \u2014 are finding it nearly impossible to afford a home.

Housing market crisis is making boomers richer and millennials poorer

As the U.S. housing market continues to see home values increase, it’s creating a staggering amount of wealth if you happen to be a homeowner. But for those who have yet to buy, it’s pulling the American dream of home ownership increasingly out of reach. The generation that’s impacted the most? Millennials. Even though they make up the largest demographics of homebuyers these days, millennials are lagging far behind older generations in wealth. Meanwhile, baby boomers are sitting on more than half of the U.S.’s wealth.

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