Tag: older homeowners
How to get seniors to spend $12 trillion in home equity. Recently, I read an opinion column arguing that older Americans are hoarding the nation’s wealth and housing stock. To reduce their power, the author suggested things like the reintroduction of mandatory retirement ages or the creation of a progressive tax on homes to encourag…
Buying and selling a home can be the most significant financial decisions that families face. For most Americans, buying and selling a home are the most significant financial decisions that families face over their lifetimes. Much research has focused on the buying side, primarily looking at how the availability and cost of mortgages vary by…
