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Friday, August 19, 2016

Baby boomers still dominate the housing market - Scotsman Guide

"How important is this generation to the housing market?

"We think they are very important. One way to think about it is that they are a quarter of the population, but they control about two thirds of the equity in single-family homes, about $8 trillion dollars. Each group is important in the economy, but these people are sitting on most of the housing wealth."