How much buying power does this income provide for goods & services that the younger generation wants/needs to buy?
For example: Over the last decades housing prices, college tuition & stock prices have significantly outpaced the average inflation rate. Older generations could buy up these assets at a discount (at least compared to Millennials & Gen Z).
For example: Over the last decades housing prices, college tuition & stock prices have significantly outpaced the average inflation rate. Older generations could buy up these assets at a discount (at least compared to Millennials & Gen Z).