I'd say neither. I don't understand these generation labels?
I guess I'm a baby boomer. I was born in the 70's. I was a kid during Vietnam war, and Korean War. Growing up, I was scared of Russia, and the bomb. As a college student, I was glad I didn't have to deal with a draft, only signing up for selective service.
The thought of owning a home always seemed like a pipe dream.
I thought the only way I could own a home is maybe in Lake County. In other words, a vacation home in the middle of nowhere. I could no way afford my dad's home. I can still buy a hot box in Lake county for what it cost 20 years ago.
Unless you were a networking, butt sniffer you didn't just automatically land that great job out of college. Oh yea, guys like me thought little of networking. "Why would I like a person, just because they could do something for me?" On the other hand, my wealthy sister went after those who could further her career like Sheen to drugs. She is a bit of an odd ball though. She was so greedy, she took all my mother's money. I'm so tempted to out her, but can't.
Growing up, we did have access to more jobs--mainly lousy jobs. Even the college corporate jobs were not great. I had two, and traveled a lot. It was not fun. I hate hotel rooms, and airlines. The real stepping stone in life was a wealthy father. I don't think that's changed much. Those kids got the right advice. Those kids got the right loans. They got to take on risk? They are in houses, and have stock portfolios now.
The way I see it, the labels are not productive. At least don't include my generation with my father's. My father was a real baby boomer, but he was born in 1938. If you didn't want to go to college, you just went into a union trade. You bought a house, and had kids. You drank, and smoked a lot--and didn't have to worry about dying from sex. Life wasen't bad.
My generation and my father's were completely different. I looked at my father as a spoiled kid. I thought he had all the opportunities, and he didn't explore them.
Again, as to generation labels, I wish we would stop using them, or at least get the dates in order. My best friend is a gen X'er--I guess. I recall the first time we even talked about our "different" generations. There were no differences. I will admit there's a difference between my generation and Millenials. Millenials know much more than I did growing up. We were Naive. Housing was always terrible for all of us. Wasen't it my generation that coined "living in the parent's basement?". Believe me--housing has always been bad. Now--in the Bay Area it is beyond bad. I will give Millenials that, I have never seen housing prices like this, but as Stanley Druckenmiller pointed out today, he sees a big kaboom comming up. You rich kids will get your house.
(I won't be back to argue. I don't think I said anything worth arguing over. I'm getting over Shingles. I can pass this along. If you ever get a weird pain in your back, and notice a weird rash; go right to a doctor--if you have one. Mine is 20 miles away. I'd even go to the emergency room, and ask for the antiviral. It cuts the infection down to 50 percent, and side effects, like neuropathy. You have around three days. I've been down for 3.5 weeks now. In a lot of pain. I used to think I could handle physical pain, but this malady is really irritating.)