Quote:
Originally Posted by rubecube
Gen X are the generation who bitch the loudest about cancel culture.
I'm not really lumping Gen X in with Boomers. Just saying that most Gen Xers were able to afford buying a house and therefore tend to be a bit more out of touch with cost of living issues that face Gen Z.
EDIT: And yes I realize I'm generalizing/stereotyping. Not all boomers are out of touch with these issues either.
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Actually, home ownership is roughly the same among Gen X and Millennials (48% for GX and 42% for Millennials), but when you adjust for age, I don't think there is a big difference and Millennials will likely catch up or even do better. The majority of foreign home owners who own rental properties in Canada likely fall in the demographic people call Gen X as well, so that probably affects the stats.
The big difference is that Gen Xers, and even more so, Millennials have to relocate in order to buy a home and settle for smaller homes. Boomers were more likely to be able to buy anywhere, and buy more than one property.
In general, classifying people and making assumptions about generations isn't helpful and there are so many other factors at play. Younger people seem obsessed about it, which I think is just a product of marketing which is really why these cute generation names exist to begin with.