How the Silver Tsunami Affects the Housing Market

2023-05-10

How the Silver Tsunami will affect housing?The housing market much like other industries is going to be smacked by a generational wave of people moving out that will have a massive ripple effect on the industry as well as many others.It’s called the Silver Tsunami.What is it?Well it’s the baby boomers hitting the retirement age and also passing away.Why does it matter?There are 76.4 million boomers in the United States.33.9% of people over the age of 60 own homes.In the next 20 years it is expected that 27.4% of all homes hit...

How the Silver Tsunami will affect housing?
The housing market much like other industries is going to be smacked by a generational wave of people moving out that will have a massive ripple effect on the industry as well as many others.
It’s called the Silver Tsunami.
What is it?
Well it’s the baby boomers hitting the retirement age and also passing away.
Why does it matter?
There are 76.4 million boomers in the United States.
33.9% of people over the age of 60 own homes.
In the next 20 years it is expected that 27.4% of all homes hitting the market will be from this group.
It is expected that the silver tsunami will shed 20 million homes by the year 2030.
We discuss the reason why many of these homes should have hit the market sooner but didn’t.

Could this be a much needed boost in inventory to the millennial and gen-z buyers?

and

Enjoy the content? Please give us a 5* rating and a brief comment to help promote the show!

Email: homebuildinghero@yahoo.com

Twitter: @building_hero

Facebook: www.facebook.com/homebuildinghero

Instagram: @homebuildinghero

Thanks to our studio sponsor LP Building Solutions!

To learn more about my homes visit Belman Homes and

When you have a moment, pick up a copy of my new Amazon Best Selling book "Leadership Growth Hacks" at https://amzn.to/2ZBRuN3

Comments (3)