General World News

Boomers, millennials locked in ‘showdown’ over housing: Fortune

As baby boomers increasingly seek to age in place in their own homes — a scenario supported by both the preferences of older homeowners and the realities brought on by elevated mortgage rates — this is clashing with the desires of millennials who wish to enter the housing market, as the combination of limited inventory and high costs are keeping these buyers on the sidelines of the mortgage market.

This is according to a recent column published by Fortune, which examined the dynamics that details ⇒

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