Economy, Demographics: More on why “median” home buyer age might have risen recently
Simply because the huge peak of the Baby Boom (born 1959) has just reached 65, retirement, and 34% are downiszing, while others are relocating for other reasons.
Demographics, Economics, Business, Data analysis, Tech, Factfulness
Simply because the huge peak of the Baby Boom (born 1959) has just reached 65, retirement, and 34% are downiszing, while others are relocating for other reasons.
NAR claimed that the median home buyer age is 59, setting off a social media firestorem. But in reality, it may be 41, almost the same as the US population…
"Expert" says 75-85% of US households live in poverty. This is what passes for expertise in 2025!
Gen Z has a reasonable goal of a first home purchase by late 20s, which is at or lower than prior generations did first purchase. The average age of Gen…
There's a meme that the US has "15+ million housing units" "available", but that is misleading.
Dietician says we should eat amaranth grain for high protein, yet just 1% of world's supply is grown in the U.S. and amaranth doesn't contain vitamin B-12.
The situation in the 1980s was exactly the same as today - with fears of SS running out of money in the 1980s. Here we are in 2025 and nothing…
Gen Z was born in 1997-2012. The average age is about 21. Most are not yet in the housing market.
A majority of Social Security recipients have a pension, retirement accounts, interest/dividend/rental income, and 1//3 have a working spouse.
In the past several weeks, some social media has seen a flood of generation hate posting. This looks like a coordinated propaganda campaign - from some politicians.
Much doomerism about unemployment among young workers-but it is at normal historical levels. But data lags real time.
Benefits vary greatly by family situation and state.
As the pool of young people shrinks, the college application process and getting accepted gets easier.
College costs are high, but many options are not as high as some may think they are.