YOUNGER people will enjoy the biggest “inheritance boom” of any post-war generation, but it will be too late to solve the housing crisis and wealth inequality, according to a new report published today.

The Resolution Foundation said assets and riches accumulated by older people would benefit younger generations in years to come.

The think tank said inheritances would double over the next 20 years as so-called baby boomers, born between 1946 and 1965, grow older.