Boomers Are Staying Put: How This Affects Housing Inventory and Millennial Buyers
Description
In this episode, we explore why many Baby Boomers are choosing to “age in place” instead of selling their homes, defying predictions of a “silver tsunami” in the housing market. With over half of Boomers planning to stay put, we discuss how this impacts young homebuyers facing tight inventory and rising prices. Plus, we share strategies for buyers looking to navigate the market, from investing in rental properties to considering more affordable areas.
(00:00 ) Is a Silver Tsunami Coming?
(00:32 ) Homeownership and Boomers
(1:31 ) Why Boomers are Aging in Place
(2:25 ) Options for Younger Homebuyers: What Are the Best Paths?
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