Quote:
Originally Posted by blankall
A major issue with this is that not all Millenials will receive these big inheritances. The same issue is occurring with access to education, parents providing children with help purchasing property, etc....
Social mobility is dying and the government's current monetary policy is enforcing this.
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Yep, I'm definitely one of those millenials who is going to get jack ####. My dad is winding down the last few years of his life with zero savings and an inability to control his spending. Would not be surprised if I end up having to fund some of his remaining years when his CPP and OAS don't go far enough.
On my mom's side, there's a house that will be split between myself, my sister, and two stepsisters.