Tag: Paper goods business

Connections: Past and Present, Explorations: family history

Generational wealth: a family story

A few years ago, my daughter, in her late 20s, bought an apartment in Brooklyn that cost nearly a million dollars. How could a youngster, just six years out of college, afford such a place? The answer is, in part: generational wealth. While initially skeptical of her idea of buying an apartment, I figured it …