"For the baby boomer generation, a home is now seen not as the cornerstone of advancement but a ball and chain, restricting their ability and their mobility to move and seek out a job at another location"
- Mortimer Zuckerman
About this Quote
This quote by Mortimer Zuckerman speaks to the altering mindsets of the Baby Boomer generation towards home ownership. Whereas in the past, owning a house was viewed as a cornerstone of advancement, a sign of monetary stability and success, for Baby Boomers, it is now seen as a ball and chain, restricting their ability and movement to move and look for a task in another place. This shift in mindset is most likely due to the fact that Baby Boomers are now in their retirement years and might not have the exact same financial stability or task security that they as soon as had. As such, they may be more reluctant to buy a home, as it might restrict their capability to move and find new employment opportunities.
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