the income and wealth are tied to housing - it’s not a different issue. In the 80s people who lived in government housign got their public funded housing cheap. Then the prices zoomed up into the stratosphere and at the same time the green belt etc. prevented the under 40s from getting into the housing market. Now the old have their jobs and retirement pensions fixed and go ans spend it in Spain, while the young are pretty much screwed as they have to pay for the old timers NHS - it’s a ponzi scheme
“the income and wealth are tied to housing - it’s not a different issue.”
Everything is tied to income and wealth, that doesn’t mean the article was about the price of cars. Housing was not the main focus of the article, it was about how much more wealth and income the older folks have than younger. That was what the proposal to give $13K to millenials was meant to address.
Public pensions are a major factor in bankrupting cities and states. For example in NY, State Troopers can retire after 20 years of service at essentially full pay. If they start at 20 YO they can retire at 40. The state can be paying them for an additional 50 years. In the meantime they have to hire a replacement trooper who works for 20 years until he retires. Then the state then has to hire another trooper. They are paying 3 people for 1 job. No wonder the state is going broke.