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They are living healthier and longer lives and making housing trades later in life.
Higher Savings Rates
Boomers also have money on their side.
He said that by doing so, boomers effectively dominate both ends of the market spectrum.
Cash Purchases
If cash is king in real estate, many boomers are in a prime position.
Whats the Impact on Younger Generations?
According to Shirshikov, the control of the housing market by boomers has the following implications for younger generations.
Plus, theyve faced the challenges of higher mortgage rates.
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