Owning a Home Now Takes 7 Years to Beat Renting
The timeline for homeownership to become more financially beneficial than renting has stretched to 7-9 years on average, and up to 20 years in major cities.
#Real Estate#Housing Market#Personal Finance
#Millennials
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Baby Boomers Hold 41% of US Real Estate Assets
Baby Boomers now own 41% of U.S. real estate, a portfolio worth $20 trillion that is nearly double the share held by millennials, new analysis shows.
#Real Estate#Housing Market#Generational Wealth
Millennial Inheritance of Trillions in Real Estate to Reshape US Cities
A historic wealth transfer of up to $124 trillion, largely in real estate, from baby boomers to millennials is set to transform the landscape of American cities.
#Real Estate#Wealth Transfer#Millennials
Renting a Home May Be a Wiser Financial Move Than Buying
A real estate expert argues that in today's market of high prices and interest rates, renting offers more financial benefits and flexibility than buying a home.
#Real Estate#Housing Market#Personal Finance
Baby Boomers Hold Most US Real Estate Wealth
Baby Boomers own nearly 41% of all U.S. real estate, valued at $20 trillion, dominating property wealth despite their smaller population share, according to a new report.
#Real Estate#Baby Boomers#Millennials
Boomers Control Most US Real Estate Wealth
Baby boomers own 40.9% of US real estate, nearly double the 20.4% held by millennials, according to a new study. Boomers are also 5.2 times wealthier overall.
#Real Estate Market#Generational Wealth#Housing Market
Millennials Drive US Housing Market Despite High Costs
Millennials now account for nearly half of all U.S. mortgage applications, dominating even the priciest markets despite significant affordability hurdles.
#Real Estate#Millennials#Housing Market
Housing Costs Forcing Americans to Delay Marriage, Children
A new survey reveals over 44% of Americans struggle with housing costs, forcing many to delay major life milestones like marriage, having children, and buying a home.
#Housing Market#Personal Finance#Real Estate