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Millennials' assests
According to the news, millennials could stand to inherit trillions worth of property and property assets passed down by ancestors in the next 20 years.
It means all those born between 1981 and 1996 potentially become the wealthiest generation ever, according to a Report.
They could possibly see a sizeable windfall up to 2044 owing to the property and other assets collected by their dear parents and respectable grandparents.
When the silent generation born from 1925 to 1945, the baby boomers 1946 to 1964 and the oldest cohort of Generation X (1965 to 1979), die, an estimated £2.5 trillion (€2.9 trillion) in wealth would possibly be freed up from their homes.
The inflow of wealth to the side of the younger generation is likely to go a long way in helping boost investments and carbon footprint reduction.
80% of males and 79% of females are reportedly saying they are trying to shrink their carbon footprints. How far will they?
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