SocietyEurope’s wealth gap: Older households are eight times richer than young ones
Protests over living costs and cuts to public services have spread across Europe. ECB survey data show that households headed by people under 35 hold just 2.8 percent of wealth across 22 countries; the median net wealth of households headed by 55- to 64-year-olds is more than eight times higher. Rising housing costs add to young people’s difficulties.
Europe’s wealth gap: Older households are eight times richer than young ones
Society