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by nouveaux 795 days ago
Older people have more money because they 1) Lived longer to accumulate wealth. 2) Housing was cheaper relative their income 30 years ago.

It's also worth noting that 50% of homeless people are over 50 [1]

[1] https://www.governing.com/urban/the-nations-homeless-populat...

1 comments

Housing was cheaper relative their income 30 years ago.

This wasn’t some cosmic accident. It was a result of policy choices.