Housing: Older home buyers dominate the market amid higher mortgage rates

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#realestate #housing #yahoofinance
This segment originally aired on December 28, 2022.
Yahoo Finance's Brad Smith breaks down charts showing how higher mortgage rates have impacted the housing market as well as the median age of home buyers.
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Only older people have money....the very reason we are still in the endless housing crisis.

slynskey
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Poor 53 year olds are going to get decimated next year! 😥Thinking... did they buy investment properties or first homes (as a result of divorce, empty-nester syndrome, etc)? In any case, this is not going to end well for them.

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