3 ms·
It’s not the percentage one should be concerned with but rather who’s owning the homes. It is skewing older and older as people in their 30s get locked out of t
by no_wizard 3y ago
It’s not the percentage one should be concerned with but rather who’s owning the homes. It is skewing older and older as people in their 30s get locked out of the market, and it’s harder for people even younger beyond that. The median age of home owners has steadily been rising.
For many, and increasingly i think will be the majority unless something changes, the first home they buy is simply going to be the only one, as well. The rates of people moving homes has dropped steadily as well, as people can’t afford to own a home and then upgrade to a newer / different one down the line
- kasey_junk 3y agoThe median age of the whole population is rising, which may be concerning on its own, but makes age defined stats pretty meaningless.