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Boomers spent their lives accumulating stuff. Now their kids are stuck with it. (www.businessinsider.com)

submitted 1 day ago by MicroWave@lemmy.world to c/news@lemmy.world

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Millennials are about to be crushed by all the junk their parents accumulated.

Every time Dale Sperling's mother pops by for her weekly visit, she brings with her a possession she wants to pass on. To Sperling, the drop-offs make it feel as if her mom is "dumping her house into my house." The most recent offload attempt was a collection of silver platters, which Sperling declined.

"Who has time to use silver? You have to actually polish it," she told me. "I'm like, 'Mom, I would really love to take it, but what am I going to do with it?' So she's dejected. She puts it back in her car."

…

Sperling's conundrum is familiar to many people with parents facing down their golden years: After they've acquired things for decades, eventually, those things have to go. As the saying goes, you can't take it with you. Many millennials, Gen Xers, and Gen Zers are now facing the question of what to do with their parents' and grandparents' possessions as their loved ones downsize or die. Some boomers are even still managing the process with their parents. The process can be arduous, overwhelming, and painful. It's tough to look your mom in the eye and tell her that you don't want her prized wedding china or that giant brown hutch she keeps it in. For that matter, nobody else wants it, either.

Much has been made of the impending "great wealth transfer" as baby boomers and the Silent Generation pass on a combined $84.4 trillion in wealth to younger generations. Getting less attention is the "great stuff transfer," where everybody has to decipher what to do with the older generations' things.

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[-] westyvw@lemm.ee 4 points 4 hours ago

And yet I am watching a re-resurgence of collecting crap began anew. Take vinyl for example: heavy, bulky, environmentally awful and on par with if not worse sounding than alternatives. But people want something tangible. Which I am also beginning to see with old collectables. Also art: there is a movement to get physical art since digital is not tangible and possibly not even made by a human.

China, silver, and plastic ware: I have seen an uptick in those as well which is bizarre. Is it just a matter of time till the cycle comes around again?

this post was submitted on 27 Oct 2024

461 points (96.4% liked)

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