RE hasn't always risen. Boomers who purchased a home from 2004 - 2006 were under water for 8 - 9 years. https://fred.stlouisfed.org/series/USSTHPI https://fred.

RE hasn't always risen. Boomers who purchased a home from 2004 - 2006 were under water for 8 - 9 years. https://fred.stlouisfed.org/series/USSTHPI https://fred.stlouisfed.org/series/USSTHPI Housing has most under performed the general market (SP500 for generalities). Thus if your home appreciates at ~3%/yr, market at ~5-9%/yr.... boomers could have increased their wealth 3-5% more yr without homes.