How the housing market is making boomers richer and millennials poorer

Lara Gale remembers the excitement she felt as a 12-year-old when her parents first bought their 4,600-square-foot home in the foothills of the Wasatch Front suburb of Sandy. The Mediterranean-style house — with its unique arched doorways and windows — was a big upgrade from their first home, which had only two bedrooms and an…