[sokoloff]

> Intergenerational wealth is now a thing

Hasn't it always been a thing, though?

I'm sorry for people whose family is not in a position to, or chooses not to, help them, but I think it's always been pretty common (albeit not universal) for parents to support their offspring.

[alephnerd]

I agree, but I think a lot of Americans never had that kind of a strong family unit helping each other out.

Until the 2010s, it was fairly socially expected that you'd move out of your parents house at 18 and either find a job or go to college, and do all that on your own dime.

It was always a weird concept for me coming from an immigrant family where we all pitch in together to help each other, but a relatively large minority of Americans (maybe 15-20% actively chose not to) and a large majority (maybe 20-30%) didn't have the means to.

[RestlessMind]

Based on what my American friends told me, I think it was only a couple of generations of Americans where that was true. Before that, Americans too had stronger familial bonds. No first hand knowledge though.

[alephnerd]

Depends on how old you are.

If you're in your 20s-30s, best case your grandparents grew up in the 1950s-60s - which absolutely wasn't a walk in the park, but the average American was miles away the richest person on the planet back then, and the "nuclear" family was the structure of choice (that's why it's called the nuclear family - 1950s techno-optimism a la Fallout)

On the other hand, if your family immigrated then the familial ties based system continued to exist.

[Michelangelo11]

Err ... no ... the "nuclear" part comes from "nucleus", in the general sense, and the expression long predates nuclear technology.

https://en.m.wikipedia.org/wiki/Nuclear_family

[drewcoo]

>> Intergenerational wealth is now a thing

>Hasn't it always been a thing, though?

Family size is a factor.