I should send this comment to my parents and grandparents the next time they berate me about why I'm not planning on owning a home any time soon and would rather rent and/or mooch off them for as long as possible.
Send them the median income / home value ratios too.
I think the boomers qualify as the most irresponsible generation in history, especially in the USA. Now half of them have no retirement savings and are getting old, fast. Guess who's going to pay for it.
