[quote=earlyretirement]
I do see the biggest problem with the X & Y group that is over leveraged and seem to spend as much as they make and have no or negative net worth. I’m not sure what the future holds for these type of people.

I’m not so sure however that all the Boomers are in as good of a situation as you and your friends.[/quote]

Better hope the X&Y groups are better off than you think because these are the people you’re going to need to sell or rent your assets to in order to fund retirement. When you make an investment it pays to think about the person who you think you could sell it to for more in the future. Some assets will do better than others but if the next generation is going to be over burdened you might want to rethink how much your assets are really going to be worth in the future. I suppose you could hope for rich Chinese buyers.