KᑌᔕᕼIᗩ@lemmy.ml to Memes@lemmy.mlEnglish · 1 year agoIt'll hopefully be a keyboard and mouse for melemmy.mlimagemessage-square92fedilinkarrow-up1997arrow-down124
arrow-up1973arrow-down1imageIt'll hopefully be a keyboard and mouse for melemmy.mlKᑌᔕᕼIᗩ@lemmy.ml to Memes@lemmy.mlEnglish · 1 year agomessage-square92fedilink
minus-squareCatoblepas@lemmy.blahaj.zonelinkfedilinkarrow-up4arrow-down1·1 year agoAssuming every member of the 1% in the US is a baby boomer, the value of the real estate they own accounts for about 1/3rd of the total real estate wealth owned by boomers. The 1% have also benefited modestly from rising real-estate values. Their real-estate holdings increased by just under $1 trillion during the pandemic, to reach a high of $5.27 trillion.
Assuming every member of the 1% in the US is a baby boomer, the value of the real estate they own accounts for about 1/3rd of the total real estate wealth owned by boomers.