BiggerPockets Daily The Age Bust and Why Housing Will Look Different in the Near Future
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Jul 7, 2025 The podcast dives into the shifting dynamics of America’s housing market as traditional milestones like marriage and homeownership are delayed. With younger generations forming households later and opting for rental living, real estate faces a demographic shift. Experts discuss how lower birth rates could pose a significant threat to housing demand, suggesting the next crisis may revolve around population trends rather than affordability. This conversation highlights the urgent need for policymakers and developers to adapt to these evolving preferences.
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Demographic Shift Reshapes Housing
- The American housing market was built around post-WWII baby boom family formation patterns.
- Delayed marriage, lower fertility, and delayed homeownership are disrupting this model today.
Economic and Preference Factors
- Economic factors like rising housing costs and student debt delay family formation and homeownership.
- Changing preferences mean some adults now choose not to have families, unlike in the postwar era.
Renters Aging, Household Formation Delays
- More renters are now aged 30 or older, signaling delayed household formation.
- This trend reduces future homebuyer demand and slows housing market growth.