"The Wealth Potential of Millennials: The Richest Generation in History"

1 min read
Source: The Guardian
"The Wealth Potential of Millennials: The Richest Generation in History"
Photo: The Guardian
TL;DR Summary

Millennials are projected to become the wealthiest generation in history, with a significant transfer of assets from previous generations contributing to their financial windfall. Despite facing economic challenges such as rising rents and financial headwinds, they are expected to inherit substantial property assets. The shift in wealth is also expected to drive sustainable investments and behavior. However, British millennials are still grappling with the aftermath of the 2008 financial crisis, hindering their ability to catch up with older generations' living standards.

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