The children will likely end up moving into their parents&#x27; homes and paying off their parents&#x27; medical bills with reverse mortgages leaving the once young at mid-life or later with nothing to inherit and no job prospects in these areas typically away from major metro (and increasingly, employment-availability) areas. This will leave most Americans in the positions before WW2 about given there will be few assets in the hands of most Americans again.<p>I&#x27;m seeing housing prices in suburbs, exurbs, and rural areas dropping as lack of viable jobs in these areas combined with crushing commutes to cities makes these locations terrible for those still needing to work. There&#x27;s an alarming number of people I&#x27;ve heard of commuting from West Virginia into DC and from Richmond into DC enduring 3+ hour commutes as cities that used to be self-sustained economies now become suburbs of the largest cities, and the trend is going to continue with a few deviants that buck the trend like remote workers or homesteaders.<p>Where I live, the local economy is driven by two demographics - tourists and local retirees sprinkled with some of the wealthiest households in the US living here part time to avoid paying state income taxes. Much of the US is eerily similar to this pattern and it&#x27;s extremely depressing to think of a way out of the spiral where almost all of our money will go into paying outrageous mortgages &#x2F; rent with lower-paying jobs and the few in the middle class are in finance, tech, or healthcare.