#stock-ownership

#stock-ownership

As young buyers scrape together down payments, boomers are sitting on $82 trillion in wealth-more than twice what Gen X has and four times as much as millennials. New research shows the wealth gap has only widened since the 1980s, as older generations saw bigger gains in homeownership and stocks while younger people took on faster-growing mortgage debt. With boomers holding onto large homes and aging in place, younger buyers are struggling to break into a shrinking market.