What Do Millennials Spend All Their Money On?
This boils down to the baby boomer generation doing a terrible job at saving for themselves outside housing, and demanding millennials buy them out of their investment.  When they don&#x27;t, they scream &quot;stupid millennial, why don&#x27;t you just have more money&quot; ... so they can ultimately get that too. They are largely not very desperate, yet still so afraid that even in their later years they horde wealth.<p>In the Bay Area, I feel like rent or buy, I&#x27;m just working hard so the older generation can continue living well off our backs.  The vast majority of them have made no intelligent investments or savings other than property.  And they are now incentivized to make life as miserable as possible for the next generation, so they can live out their remaining years as well as they are accustomed too. My landlord whined about how she makes so little, whilst attempting to hold onto 2.8mm USD in property.<p>I find it hard to swallow... but also inevitable.