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The Great Wealth Transfer will be one of the biggest stories in the wealth management field for the next 2-3 decades. Much of that wealth is tied up in real estate. The next generation is set to inherit $4.6 trillion in real estate in the next decade alone.
Baby Boomers are retiring right as Millennials hit their peak earnings years and Gen Z becomes a bigger player in the housing market. Will there finally be enough homes for sale to satisfy demand? What will happen to all of the houses that get passed down to the next generation?
On this episode of Ben with Benefits, Ben Carlson sat down with Eric Finnigan, Vice President of Demographics Research at John Burns to break down why demographics are destiny in the housing market and what that means going forward. They discuss:
How today’s young people are different from past generations.
Where people are moving to find more affordable housing.
How trillions of dollars in home equity will be used in the years ahead.
When the Silver Tsunami will hit.
The impact of inherited houses and more.
This episode is sponsored by Betterment Advisor Solutions.
Learn more at: https://betterment.com/advisors
Watch It HERE!
