🇺🇸 Boomers Hold Nearly 40% of U.S. Housing Wealth 🏠

🇺🇸 Boomers Hold Nearly 40% of U.S. Housing Wealth 🏠

New data shows Americans aged 65+ now control an estimated $19 trillion in real estate equity - nearly 40% of the total housing wealth in the U.S.

This surpasses all other generations:

Gen X: $14T

Millennials: $9.9T

Gen Z: $4.4T

📍 Top retiree hubs like North Port, Naples, and Cape Coral in Florida are leading the pack, with retirees owning over $310 billion in real estate across five Florida metros alone.

But will this wealth trickle down? Despite expectations of a “silver tsunami,” only 21% of boomers say they want the next generation to enjoy their money while they’re alive. Experts say many retirees are staying put, and a great generational transfer may not happen any time soon.

👉 Rising home values + an aging population = long-term shifts in housing market dynamics.