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7min chapter
Rich Boomers, Broke Millennials, and Ambitious Gen Z Fight for Housing
On The Market
The Silver Tsunami: Boomers and Housing Dynamics
This chapter examines the impact of the aging baby boomer generation on the housing market, introducing the concept of the 'silver tsunami.' It contrasts the expectation of a housing market crash due to boomers selling their homes with the reality of their preference to age in place, which limits housing options for younger generations. The conversation covers wealth transfer, the challenges of assisted living, and the financial resilience of boomers in the face of economic downturns.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode