Keith discusses the impact of baby boomers on the housing market, noting that contrary to popular belief, many boomers are choosing to age in place. He also addresses the negative effects of gambling, particularly sports gambling, on young men, including financial ruin and increased bankruptcies.
54% of baby boomers state that they will never sell their homes.
People aged 55+ own more than half of U.S. homes.
The overall population growth in the US has grown at its fastest rate since 2001, reaching over 340 million.
Millennials and Gen Z, the largest generations, are driving future housing demand.
Resources:
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Show Notes:
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