Generational Wealth GPS
No one is talking about this subject from this perspective.
In this particular case I’m speaking to the MAD (Make a Difference) natural flow of willing your kids your property, etc as generational wealth. Truly consider what can be received as empowerment rather than assumption.
Generations
Boomers 1 & 2 (1946- 1964)
Gen X (1965- 1980)
Gen Y/Millennials (1981- 1996)
Gen Z/Zoomer (1997- 2012)
Gen A/Alpha (2012 – 2025)
Next Gen –not named yet – Beta?
IF you are in the Millennial or GEN Z/Zoomer generations notice how this blog is already too long and that you have to read it, rather than listen to it while you do something else. Likely the Boomers and Gen X (older ones) are reading it and trying to invite you to dinner to discuss it.
With shorter attention spans accentuated, and AAA-ADHD and empathy skills both promoted as a handicap, it seems the new standard insists that Gen Z succumb to dumb down, focus on spinning in the chaos, keeping hope and independent thinking absent from this formula, and reinforcing harmful to yourself and others. The coercive control is palpable with narcissistic tendencies reinforced. Zoomers are numbed in chaos and encouraged to medicate this further.
IMHO (in my humble opinion – for the boomers who don’t text), the Zoomers are being played, groomed even…They know it, but insist on running with their tribe and revolting their way. They don’t want input and desperately want to fit in. This generation grew up with control dynamics, narcissistic manipulations from divorcing parents or friends parents, rebellions, market crashes, and 911 fear based, reactive thinking, and MAJOR system and cultural manipulations. They were breastfed on the heartbreak, trauma, and tragedies of their parents’ dynamics, and know this as foundational.
Unlike the Millennials who won a trophy for every win and loss, Gen Z is reinforced lost in the ADHD and reactive anxiety cocktail of the world dynamic. Seemingly, positive reinforcement for overt narcissism, and covert bullying well enforced. The mental fragility and combustible nature has been groomed into them. They are a generation of survivors who are panicked and want to escape from it all.
FREEDOM GENERATIONS
I’ve likely already insulted you, or am about to. This generation is encouraged to pretend to be compliant/ empowered as less than or different than they are so they fit in. They have been taught to fight for these positions. The Millennials that raised many of them, in extended latchkey situations, parented the best they could. This makes me so sad for both generations.
It also makes me want to fight for their rights…this is the part that may make the GEN Z mad. I know Zoomers want empowerment and then to be left alone to DIY.
>Just so you know…this makes it quite difficult to represent Gen Z as a client or give parental guidance. You are strong, but need heart empowered, not ego reinforced…
Wanting a home but overwhelmed, the Zoomers don’t want to work traditionally or be bogged down with a mortgage and the maintenance, unless it represents freedom or a fast turn investment. Again…freedom is the goal. Both generations lived through the financial struggles represented by market crashes and home ownership.
As I see it, both are FREEDOM generations, but Millennials seek freedom from structural burdens, and Zoomers seek freedom from chaos.
These generations are beginning to understand they are being/have been manipulated and gaslighted at every turn. As they age, they likely have contributed. They are on it…Fierce & Acting Out – Testing EVERY Boundary! Looking for the safest path. Both generations are survivors. Currently, thrashing around and ineffectively swinging at everyone that represents authority AND making concessions around their privacy that provide them convenience and short cuts (think VR (virtual reality) that connect to facial recognition security systems in meta data). Really doing anything that receives cultural support carrots, that can turn down the volume or distract from their chaos by showing they fit in. These generation don’t know internal peace and can create stress/ADHD hype to go to yoga.
They are fighting hard for freedom from perceived oppression, and yet giving away their independence consistently and daily. Hmm…So confusing for them and us! These generations need help landing the value of their soul voice and their values, rather than going along for consensus sake in group-think, and bullying their opinions. Time may teach them the power of discernment, the respect, the silence, and the pause. Even the value of authentic kindness.
Legacy
Why are you reading about this on a real estate blog.
Legacy collections handed down from elders in a family (Boomers or Gen X usually) often include hand-me-downs of real estate, investments, and companies. Both the Millennial and the Zoomer generation are capable enough to run the company or take over the property portfolios, their interests simply are not matching the tradition to do so!
There is a problem…these generation don’t want to be bound to the responsibility of a company and mostly can’t afford re-financing a traditional mortgage on a property… Unless the property has no debt, they simply can’t afford to take on that property. Even at that, the property and estate taxes deplete things further…so many are receiving trusts they don’t want. Their lifestyle of freedom does not support sustained home ownership or even sorting out how to sell this as an investment.
Often these legacy pieces are perceived as hoarding or filthy wealth… Definitely perceived as a negative, rather than a precious gift. This is quite parallel to a GEN X receiving a property with all the collections and knickknacks from a Silent Gen… The GEN X folks see this as hoarding and the Silent Gen, sees it as sharing precious heirlooms. The hoarding may be different…but it is perceived the same. Both are turbulent life transitions that feel like generational rejection.
My concern is… these generations seem SO distracted, fending off the gaslighting rhetoric, and caught up in the mostly reinforced psychological abuse tactics of shouting people down or discarding, and calling it empowerment or boundaries, respectively… I wonder if they are even interested in hearing about how they are being used and are heading towards disconnection. They are being positioned for this epic failure and societal trap door…yep, manipulated by psychopathic strategy. These are our kids…well your kids…I don’t have any other than those I occasionally get to spoil and feed sugar.
The new societal trend to blend in for your freedom, dims the IQ and the EQ of this young force, encouraging less education, more advocacy, less discernment, and Stockholm Syndrome level compliance. Getting them to think it is their idea to disengage and discard their families and life. Predominantly, with evolving systems empowering anti-social and self-serving tendencies. Forced compliance leading people to pretend to get into college…This is way beyond fake it to make it. Again…I need to make you mad and say, I feel so sad for these generations not knowing the cesspool they have been sucked into AND reinforced not to listen.
Fracturing
I suspect Gen X and Boomers are reading this, but shrugging without a solution. They fed this Narcissistic cultural control machine…and feel confusion for creating such a mess of a legacy. Confusion is pulling them from their epic level of leadership, clarity and action.
It is fascinating how Freedom Generations are insistently fierce, and continually fight to crumble the rules in place, yet demand more. They are acting out with rage via ‘power of suggestion’…Disturbing, but notable. Reminds me of the hypnotist shows…when I clap, hop like a bunny, but with much darker intentions. They don’t see it YET! This pattern doesn’t seem to protect their elders, those that have determinedly empowered them. Also noticing the negative societal spin on the word ‘Freedom’.
There is a societal fracture showing up ~ with a limited focus on future family and participating in legacy. Their hearts seem detached. The very motivation for creating legacy or having children is being reinforced out of these generations and global stats are already showing the results of this. So a hand-me-down of a 5-bedroom home in suburbia is not a match.
The point here is who is strong enough to receive elder legacy hand-me-downs these days and pay it forward or fix this HOT MESS? (Spoken like a true GEN X Ambassador…) But this is not a value of Zoomers or Millennials…so I don’t know the answer. My generation…maybe???
Societal Elders
The biggest aging successes are surviving the soul moments that shred from the inside out, changing priorities forever. At the moment of shred, nothing is important…The basics of surviving and protecting those you love are all that matter. This mindset just may save the current world in its tailspin of oblivion.
Each generation needs the other. The cruel hoax of circle of life is you don’t realize any of this without aging. Not always with grace and ease. Hoping for purpose and legacy to gift to the next generation. Only when you hit the golden 60 – 70’s can you truly appreciate wholly giving to someone else and it mostly can be received. A short window to enjoy… Before that time making a difference because you want to IS SUSPECT.
Generalities and time machine references are not specific enough to help. Most Zoomers don’t see themselves aging. It’s a very depressed generation. This gives them the freedom they seek, but also a fatalistic life strategy and disconnection from anything legacy.
Empowerment is Possible
If we are not intentional, the elder wisdom may depart permanently from this generation unlike any before, and likely any after it. This is being reinforced by society and systems, cloaked as new era growth with carrots and extortion sticks to ignore legacy as worthless. The result is to comply with the societal push, HOPE for a future is being sucked out of the Zoomers!
Societal elders are left hobbling to bridge this new era, to become the 911 thought form leaders, hoping to keep the family value of aging and elder wisdom alive, while embracing the art and value of youthful community. Otherwise actual history becomes mere folklore. Hmm…think I heard the term folklore in my history classes.
In this massive life transition decision of handing down generational wealth, the subject itself reveals a societal trap door or possibility for empowerment and reengagement of generations. Tricky path! Best to know!!