The reason people assumed this was the case was that statistically the more money or influence you have the more conservative you become, and for most generations you were able to build savings or property or status slowly as you got older. This stopped being true with milenials.
Somewhat related observation: gen-Z entering the work force right now are highly radical because even while actively working multiple jobs theyre actually losing wealth and are percieved as entirely disposable by employers no matter how long or hard they work.
The reason people assumed this was the case was that statistically the more money or influence you have the more conservative you become, and for most generations you were able to build savings or property or status slowly as you got older. This stopped being true with milenials.
Somewhat related observation: gen-Z entering the work force right now are highly radical because even while actively working multiple jobs theyre actually losing wealth and are percieved as entirely disposable by employers no matter how long or hard they work.