Generational wealth refers to assets and financial resources that are passed down from one generation to another within a family. This can include cash, investments, real estate, businesses, and other forms of wealth that are inherited by descendants. The concept emphasizes the ability of established families to provide economic advantages to their children and grandchildren, thereby perpetuating financial stability and prosperity across generations. Generational wealth can contribute to a family’s social status, educational opportunities, and overall quality of life, impacting future generations’ ability to acquire assets and maintain a certain lifestyle. The accumulation and transfer of generational wealth also highlight issues of economic inequality, as families with substantial wealth can provide their offspring with financial advantages that are not as readily available to those from less affluent backgrounds.
### Exploring Opportunities in Commercial Real Estate As the latest financial force, Gen Z is increasingly considering Commercial Real Estate (CRE) as a pathway to wealth generation. With its potential…