An interesting point about inter generational economic comparisons.
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Megan’s just giving her example.
But when people had kids at 20-25, the kids saw the parents in earlier stages of their careers when they were still scraping by. Nowadays many have kids closer to the peak of their careers.
By the time my son was born, our luxury condo was paid off. Had we had him at 23 it would have been a very different experience for him in early childhood.