The Sandwich Generation

Increasingly, Boomers are being seen as the “sandwich” generation - simultaneously caring for their children and their ageing parents. This trend is exacerbated by the twin facts that (1) today’s young people are taking longer than ever to leave home, and (2) older people are living longer than they ever have.

In Spain, the government is running some public service adverts trying to get younger people to leave home. Not leaving home is causing entry level home prices to plummet, and is stopping the development of a materialistic consumer culture required in all democracies to make the economy tick over.

In Australia, just yesterday the National Carers Association was warned of the increasing burden on women of having children later (median age of childbirth in Aus is now 30.5 years), and caring for an ageing population. (Read the full report here).

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