Older Americans Hog Housing Market
According to a recent Redfin report, for the first time ever, Americans 70 and older owned a bigger portion of the country’s real estate wealth than those between the ages of 40 and 54. The proportion of US real estate wealth owned by the oldest Americans increased from about 16% in 2005 to almost 26% in 2025. The reverse pattern has been observed among those between the ages of 40 and 54, whose percentage has decreased from roughly 36% to 26% during that time.
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