Gen Xers the new baby boomers: analysis identifies Australia’s richest landholders by generation

Those born between 1965 and 1980 own an average of $1.455m in housing and land, KPMG report finds

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Gen X households now hold the most property wealth of any generation as baby boomers downsize their homes and move more of their money into cash and retirement accounts.

Once known as the slacker generation", those born between 1965 and 1980 are mostly now aged over 50 years and have enjoyed years of inflated home prices.