Depends. A neighbor hated his family that he purposely caused his home to go into probate just to slow them down. Most of the time the money is passed onto the

Depends. A neighbor hated his family that he purposely caused his home to go into probate just to slow them down. Most of the time the money is passed onto the next generation. But here's the current problem: the boomers, as a generation, have a lot of assets, specifically housing, locked up as rentals. This has caused house to shoot up (though it is not the only factor). If the boomers die, I suspect that a large number of homes would become available at reasonable prices within the year of the death. For example, my parents own multiple rental homes (only of one of which they constructed for the express purpose of renting on a plot of land that the city thought was undevelop-able). When they die, my sister and I will sell the properties. While she lives near them, she doesn't want to manage them, and I don't since I live far away. By allowing the boomers to live longer, these assets remain locked up. They can continue to rent seek at the expense of the generations that came after them. This means that multiple generations, particularly millennials and zoomers are screwed.