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nouveaux | 1 year 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...

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bradleyjg|1 year ago

Housing was cheaper relative their income 30 years ago.

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