menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Boomers, brace yourselves. Millennials are furious with you for being rich

2 0
previous day

We’ve almost hit that very special time of year when everyone downs tools at work and returns home for that all-important festive event: arguing with your parents and older relatives at the dinner table. This year, however, I’m sensing a potential change in the tenor of these conversations. In fact, I’m issuing a Christmas PSA to all boomers: younger generations are angry with you. Very angry, in fact. 

My WhatsApp group chats are littered with enraged millennials (and some older Gen Zs) who are increasingly furious with what they see as a broken social contract between the generations – and the hypocrisy of being told to “work hard and save money” in an economic reality that is especially weighted against the young. After all, boomers came of age in a halcyon period of economic growth, rapid wage growth and low house prices – whereas my peers and I graduated into the 2008 financial crisis and have staggered from calamity to catastrophe ever since, IKEA flatpack furniture in tow, to furnish rentals let by older landlords who make up to two-thirds of the market.

Then, there’s the fact that older generations benefited from free tuition at........

© iNews