When I hear baby-boomers arguing against the numbers, statistics, and facts and saying things like, "don't touch my equity! You just have to be patient! It'll work out for you, too!", I sort of think about this - that this is a huge intergenerational transfer of wealth.

Of course some millennials will enjoy a windfall when mom and dad eventually downsize. Not all, by any means - but some.

I hope you're lucky enough to have some house-rich parents! It's always good to be an aristocrat!