<p>^^ Which leads me to ask: if the younger generation is getting hammered this way, and starts off life broke, earning nothing, in horrible debt, and with few prospects…</p>
<p>…and if, for most people, their house is their largest asset… </p>
<p>…aren’t you only killing your own generation, in the end? Who is going to buy your expensive houses at the price you paid for them? Who is going to buy up stocks in companies that you’ve invested in, when you want to sell some of your portfolio to pay for retirement? Who is going to step up to the plate to pay extra for Medicare and Social Security as it runs out?</p>
<p>Even if the younger generation wanted to - with what money? Yes, I understand that an individual company doesn’t want to sacrifice itself for an infinitesimal improvement in the next generation’s prospects, but heavens, this is NOT going to turn out well for the Baby Boomers.</p>