Baby Boomers are often referred to as the "luckiest generation" due to their significant home ownership, which constitutes over 37% of U.S. homes despite being only 20% of the population. Contributing factors to this disparity include a robust economy, favorable financial conditions, and strong worker protections during their ascent. However, changes in policy that eliminated these protections have led to soaring home prices and rents, disadvantaging Millennials and younger generations, who now face increasing challenges in achieving home ownership. This generational wealth gap raises serious questions about future economic equity.
Baby Boomers represent about 20% of the population but own over 37% of homes, leading to increased homeownership inequality across generations.
The strong economy and worker protections that favored Baby Boomers have been undermined, resulting in rising home costs that burden younger generations.
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