Real Estate Demographics - Potential Oppty in 2025+ (Patreon)
Content
Note although this is US data, it is similar all over the world. These same trends are happening in UK, Europe, Australia, etc
NOTE IT IS ALL A FORECAST, BUT THAT IS HOW WE PLAY! WE PLAY AND PLAN FOR WHERE THE PUCK IS GOING TO BE
Per the chart above, there will be a significant increase in the number of Baby Boomers selling their homes in the coming decade or more. This is due to the fact that the Baby Boomer generation is aging and many of them will be downsizing their homes. This will create a significant opportunity for real estate investors who are looking to buy Older and Larger Homes in PRIME (Excellent) locations.
- The leading edge of the Baby Boomer generation is currently 75 years old.
- The peak of the Baby Boomer generation will be turning 80 in 2035 or so.
- The tail end of the Baby Boomer generation will be turning 80 in 2044.
- Demographically there should be a pickup in Baby Boomers selling their homes in the second half of the 2020s and lasting until 2040 a 15 year window
- These homes will be older, larger and most will need updating, but many of them will be in prime locations. So start learning your trades :D
Thanks to Sanjay for the heads up on this chart!