The median age of homebuyers is now up to 56.
dmention7 @ dmention7 @lemm.ee Posts 17Comments 943Joined 2 yr. ago
dmention7 @ dmention7 @lemm.ee
Posts
17
Comments
943
Joined
2 yr. ago
Deleted
Permanently Deleted
Deleted
Permanently Deleted
Deleted
Permanently Deleted
Deleted
Permanently Deleted
Deleted
Permanently Deleted
This data points to people starting to buy houses later in life, and also continuing to buy houses later in life, but I'm not sure you can say it points to there being more landlords. I have been a repeat homebuyer twice in my life (and probably will be at least one more time), but each time it has just been moving from one SFH to another.
The biggest thing I take away from this is that waaaay more older people are changing houses these days (downsizing after kids move out or moving to senior-oriented communities maybe?) There's no way that individuals buying rental homes is more than a blip in that green line.