The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says - eviltoast
With home prices up nearly 40% since 2020, buyers are now wealthier and older, making them more likely to outbid younger buyers with all-cash offers.
  • bitchkat@lemmy.worldEnglish
    10·
    10 days ago

    I bought a property for my son to live in. I figure, I can pay for a modest condo now or he can buy it after I die. And #2 means paying rent for 20 years or so.