Could a “Silver Tsunami” Reshape the 2024 Housing Market?
The term “Silver Tsunami” has been buzzing online, sparking curiosity about its meaning and potential impact on the housing market. Let’s explore this concept and understand why it’s unlikely to cause a dramatic shift in the housing market. Understanding the “Silver Tsunami” An article from HousingWire describes the “Silver Tsunami” as: “. . . a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging . . .” The idea is that as the baby boomer generation ages, a considerable number might downsize their homes. Given the size of this demographic, a collective move could lead to a […]
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