The housing market in much of the Western world is becoming increasingly out of reach for younger generations. Higher demand, stagnant wages, student loans, and interest rates all contribute to the problem. Naturally, younger people often look to their family for support. But not every parent feels obliged to pay for their child’s dreams.
One millennial, struggling with her finances, raised a serious question on Daily Mail: “Who’s more selfish, her parents or her?” While her retired parents travel the world and have a blast, she counts every cent that the lavish holidays drain from her inheritance. She worries she’ll never be able to secure a home and raise children of her own if they keep spending so recklessly.
