Quote:
Originally Posted by Ryan Coke
Maybe it's that the older generation is better and saving and wealth accumulation. When a younger generation doesn't understand restraint and living within means, the natural by-product would be diminished wealth accumulation.
It didn't say the wage gap was bigger than ever, it said net worth.
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The people who actually did the study said (in the article) that the biggest factor home equity, as in the older folk got to ride the housing bubble on the way up.