Baby Boomers Call Gen Z And Millennials 'Lazy' For Living At Home, Yet Survey Shows Nearly 50% Couldn't Afford To Buy Their Homes Today [Yahoo! Finance]
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Source: Yahoo! Finance
This reaction follows a baby boomer's admission of purchasing a home for $37,000 in 1980 — a figure roughly equivalent to $148,000 today when adjusted for inflation. "They still point the finger at us for not getting out of our parents' basement — ‘You guys are just lazy,'" the TikToker said, encapsulating the disdain younger generations feel when unjustly branded by some baby boomers as indolent, despite an economic landscape that has shifted beneath their feet. Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. In an ironic twist, a Redfin survey has revealed that a substantial portion of boomers would not be able to afford their homes in the current climate, where home values have surged. Over the past decade, home values have doubled, with a nearly 50% increase in the last five years, pushing the cost of homeownership to record highs. The surv
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