Boomers Will NEVER Sell, and It’s Ruining the Housing Market | Bigger Pockets Video

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Is there a Baby Boomer living in the house you SHOULD be owning? Probably, and this is hurting the housing market. With Millennials reaching peak homebuying age and Gen Z starting families, there should be more family-sized homes available for these generations…but there aren’t. Why? Boomers are holding onto their homes—but for good reason.

If you want to beat the Boomers and buy your first house or rental property, stick around. We share a few key strategies to help you do it. If you’re a Boomer angry at even the sentiment of this video, just keep watching. We’re explaining why the “lock-in effect” is forcing so many Boomers to keep their house instead of selling, EVEN if they want to downsize.

Want to get into the house right for your family or pick up your first rental? This is how you do it!

00:00 Did Boomers Ruin the Housing Market?
01:17 Boomers Are (Really) Rich
02:17 Why Aren't Boomers Moving?
05:38 Families Can't Buy!
06:55 Boomers: We're NEVER Selling!
07:47 How to Beat the Boomers
10:52 Secret Buying Strategy