>the fact their graphs show boomers as poorer than X, millenials and Z tells you all you need to know
it's comparing income at the same respective ages and that is completely plausible. I'm a millenial, child of boomers. Both were lower middle class workers, I'm the first in the family to go to uni. This is a very common situation. I'm better off than my parents were at my age.Like, ask any parents of millenials what they had growing up in the 60s compared to what we had in the 90s and the education access I had compared to what they had.
People under 35 in the US own homes at only marginally lower rates than boomers. (something like 55% to 60%), meanwhile home size has tripled. When boomers were kids half of all homes didn't have washing mashines or vacuums. Homes built with air conditioning in 1975: 20%, today 90%.
You really think a millenial or gen z woman today in her 20s/30s with a degree and a job would want to trade that for being locked in a house without a job, any modern appliance and less space than she has in her flat?
it's comparing income at the same respective ages and that is completely plausible. I'm a millenial, child of boomers. Both were lower middle class workers, I'm the first in the family to go to uni. This is a very common situation. I'm better off than my parents were at my age.Like, ask any parents of millenials what they had growing up in the 60s compared to what we had in the 90s and the education access I had compared to what they had.