Boomers are holding on to large homes, boxing out millennials Business Insider
News Source : Business Insider
News Summary
- Many boomers, some still working and trying to navigate their fast-approaching retirements, have chosen to remain in large properties
- A Redfin analysis of US Census data found that 28% of homes around the country with three or more bedrooms are owned by empty nesters between 60 and 78 years old
For baby boomers with growing families in the 1980s and 1990s, homeownership was a natural next step in their adulthoods.But when their children moved out to pursue their own dreams years later, ma [+2658 chars]
:max_bytes(150000):strip_icc():focal(748x126:750x128)/hailey-bieber-justin-instagram-2-041424-880db1181dfa4199a5d666ad7b7471a8.jpg)
Never miss a story from us, subscribe to our newsletter