My generation was told if it worked hard it’d have everything previous generations enjoyed. So why when that hasn’t happened are so many in the older generation saying it's our fault?
Okay, I realise any piece of research that begins with an article in The Daily Mail is built on quicksand. But perhaps the ground moving under our feet isn’t a bad way to begin on this topic. The researcher Dr Eliza Filby published a piece on The Mail Online entitled ‘How baby boomers really DID have it easier - and why it's only getting harder for Gen Z to get on the housing ladder’. I think the responses it garnered shed some light into some pretty dark caves. Filby’s research proved that: 1. Baby Boomers Dominate Homeownership So Baby Boomers (those born 1946–1964) still own a disproportionate share of housing, often paying mortgages only 2–3%—far below today’s rates. This allows them to stay put, rent out properties, or move with financial freedom. It also allows them (and this is a separate story) to decide which of their children to financially help—or not. 2. Younger Generations Rely on Parental Help For the UK, a 2019 Statista report found that 62% of homeowners under 35 r...