“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.
And your second paragraph is correct -- the retirees are living off the young who are broke.