4 ms·
59 year olds were born in 1966, so the average homebuyer is from Gen X, not a Boomer.
by dragonwriter 11mo ago
59 year olds were born in 1966, so the average homebuyer is from Gen X, not a Boomer.
- rpcope1 11mo agoI wonder if the distribution of ages for home buyers is not a normal distribution and maybe the median and standard deviations might tell us something more here. Regardless it's concerning that the average and likely median age has shot up that much.
- dragonwriter 11mo agoWell, since 1980, the median age in the population has also increased by about a decade, which is a significant (but not a majority) contributor to this.
- motbus3 11mo agoI'm sure Ol' John is no player when we compare how much investment funds have being pushing to buy homes. Around here, you can't even bid for a small apartment. They get sold to the folks before they start. Paying flat taxes on hundreds of properties doesnt make sense. They don't contribute to generate more jobs. They just replace the buyer and charge extra money that could have be reverted to other expenses that would create a healthier economy by diversity.