Boomers Own Half of U.S. Wealth. So Why Are We Seeing More Homeless Boomers? | WSJ
ByJames
Baby boomers have the highest median net worth by generation, holding about half of U.S. wealth—with much of it tied in real estate. And while many of these older boomers aren’t moving out of their homes, younger boomers reaching retirement are increasingly facing homelessness.
WSJ breaks down this trend and explains its impact on the housing market and the U.S. economy.
Chapters:
0:00 The baby boomer trend
0:32 Boomers aging in place
2:14 Boomers facing homelessness
4:34 Why there are these two extremes
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