In 2024, there were more home buyers over the age of 70 in the U.S. than under the age of 35
(media.kotakuinaction2.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (62)
sorted by:
The biggest problem in the market is that boomers are holding on to their houses and not downsizing or moving into elderly communities.
yep, it was a strange time that total square footage was at any time, considered oneupmanship rather than a useable home of high quality.
A lot of private retirement communities are a scam as well. They are designed to charge 3-4x market rent to eat up any inheritance left within a few years while warehousing the elderly to be abused by illegals.