>>213477884
>>213477986
>>213478150
There is an in-depth false belief going on on the Anglosphere (specifically American) that the wave of death of their baby-booming generation will trigger a “mother of all” wealth transfer in history, which is codeterm for passing “assets” (real-estate, proprietorship, ownership of business shares & stakes...) and “liquidity” (money, bank accounts ownership, other pecuniary by proxy such as trust funds...).
Alongside that, debts will be incurred as well (mortgages, business debts...) that will need to be paid.
So, the belief is multidimensional:
a) wealthy and very wealthy will “battle” through inheritance, eventually siblings or single children will sell their parents' grand estate to move permanently somewhere else (siblings will never agree on co-ownership of their parents' former home they can't use 100% for privacy, they don't want a money sink; talk about legacy & sociopathy)
b) upper-middle class and median middle class will transfer the one or couple of properties to their kids & money; some will sell & keep the money, or sell to buy somewhere else while they're well-off sufficient on their own.
c) all the rest not mentioned, in all social classes, will literally have the time of their life to battle liabilities (debts) and other systemic idiosyncrasies that their parents never told them about (ex. how much maintenance costs, HoA, debts etc.)
Those that will have “diddly squat” from the wealth transfer, that their parents didn't loved them like Warren Buffett loves his children or how securocrats/politicians love their children more, and sold their children's birthright as a consequence, will become outraged and start doing the math in their heads: “Why was pops forced to sell? Because of the banks, tax rates, stress, and conniving friends! Why did moms stopped giving a shit? Because her brain was twisted by all enablers of bad faith & bad advisors to squeeze fees out of her!”