Senior renters are now the fastest-growing group in the U.S., with more than 2.4 million Americans aged 65 and older entering the rental market in the past decade. In this episode of Real Estate News for Investors, Kathy Fettke breaks down the numbers from U.S. Census and Point2Homes data, and explains what’s driving this powerful demographic shift.
You’ll learn why older Americans are choosing rentals over ownership, which metros are seeing the biggest surge in 55+ renters, and how single-family homes are playing a growing role in this trend. Real estate investor Ken McElroy also weighs in on why 55+ renters are among the most stable and attractive tenants for landlords today.
If you want to stay ahead of the curve, this episode reveals what investors and developers should be watching as Baby Boomers reshape the housing market.
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SOURCES:
- https://www.credaily.com/briefs/senior-renters-drive-housing-shift-in-the-us/
- https://kenmcelroy.com/education/this-is-the-fastest-growing-renter-in-america/?utm_campaign=Newsletters&utm_medium=email&_hsenc=p2ANqtz-9i0ejEgzVwis0t8WzqPgTd7YP16P5IhtmKY-vGCOe4ZbqAmmPXptyEWSwzDF0eBZKfg2PsqLnu2Pxu9Q5jo6I8-Xx8Gw&_hsmi=377681519&utm_content=377681519&utm_source=hs_email
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