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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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For two decades, the U.S. homeownership rate has been treated as a scoreboard of generational progress—even as the topline number has barely moved and hides a widening age-based split beneath it.    New research from the Federal Reserve Bank of Minneapolis suggests the story may actually be one of reversal,…

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