How Gen Z Could Ride The 'Silver Tsunami' To Beat Millennials In The Housing Market | Insider News

Baby boomers dominate real estate in America. But as they age out, millions of homes will be up for grabs and Gen Z is poised to benefit.

Investing correspondent Laila Maidan dives into the concept of the "Silver Tsunami" and its profound impact on the housing market. She explains the aging population trend that will have implications for everything from healthcare to the job market, and highlights the opportunities this demographic shift presents for young homebuyers.

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00:00 - Introduction
00:17 - Why Boomers Dominate US Real Estate
00:30 - Millennials Struggle
01:22 - The 'Silver Tsunami' Effect
01:57 - Gen Z Could Be The Housing Winners
02:21 - Real Estate Investing For Beginners
03:27 - Conclusion

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#housingmarket #genz #insidernews

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Millions Of Homes Could Flood The US Housing Market... Thanks To Boomers | Insider News

[pugbug]

CEO of blackrock here. I’m just going to buy all the homes for sale and rent them out. Thanks for playing suckers.

[bikedawg]

there's no way there will be a flood of homes from boomers. these homes will go to their kids or grandkids.

[AgataRadizikowska]

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio., ..

[Aussie_aNti_hr]

Easy fix, just ban investment firms from owning single family homes. This will increase supply of these types of homes, and it will increase the development of high density houses and allow them to profit off demolition and reconstruction of the derelict houses that need a lot of work. Win win.

[Mlogan]

This analysis glosses over what is likely a major point- most baby boomer homes will NOT be hitting the market for Gen Z as opposed to being handed off to their Gen X and Millennial children or grandchildren.

At the same time investors are driving up prices so high that Gen Z is basically being priced out of the market- so to assume Gen Z is going to benefit from this is pretty much off the rails.

[swaggery]

Watch How Money Work's video on this. Basically the point at the end is all you need to know. People with incomes cannot compete with investors that can pay cash. If the home is in a location worth living in, investors will get first dibs.

[shoemakerleve]

... Not until Blackrock buys up the remaining non-commercial homes on the market.

[Brandon-eohj]

I’ll believe it when I can afford to live in a 1 bedroom apartment by myself

[Error_]

These homes are not going to market. They will go to their kids, who understand that holding and renting property is basically unlimited cash flow and appreciation. The rich will continue their generational wealth building.

[sarcasmo]

Need to build more affordable houses and stop allowing corporations to gobble them all up.

[darnellcapriccioso]

As a realtor in my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

[abbygirl]

you skipped genx on at least that first lego person stat

[stevenzheng]

I feel some of the stats of Gen X (who are not presented here as a demographic cohort) are lumped-in with younger boomers and older millennials.

[michaelneufeld]

I love how Generation X gets completely ignored. It used to anger me, now I am like: "Don't blame me! I don't exist, y'all."

[tannermurray]

how about we stop letting companies buy homes?

[demus]

I graduated in 2008. It's been a rough ride. Paying $2000 a month for a one bedroom with my girlfriend that's 70% of my income and the rest goes to bills and food.

[johnjurmu]

My concern is investment firms will come in and buy all the homes when this occurs.

[Migwelp]

Not if we don't regulate corporations out of the housing market and cap the amount properites landlords can horde. Or something I'd rather not have—a land use tax.

[proggerjohn]

My friends and I are the last of the Baby Boomers. We all turn 60 this year. We don't plan on dying for 30+ years.
So don't expect a wave of houses to suddenly flood the market. It might be more of a slow but steady process.
And as many have mentioned, most of these homes will be passed on down to the children of us Boomers -- which I guess is mainly Millennials.

[Kevin-nefr]

Im 31 and this is pure insanity, houses around me in 2018-2020 were 600-800k, now here we sit in 2024 and THE SAME HOUSES are for sale around 1.5-1.8million. If this inflation continues the houses will be 3Million by 2030. I will NEVER beable to afford a home.