1372 - Underinvestment in Real Estate Might Be the Next Big Hurdle for Investors, According to a New Report by Moriah Costa

There may be a real estate underinvestment crisis looming in the coming decades, thanks to baby boomers.  According to a joint study from Morning Consult and home improvement company Leaf Home, 55% of baby boomers plan to age in their 40-year-old-plus homes and have no intention of selling or renovating. That means when millennials inherit homes, they may be faced with a mountain of deferred maintenance that may prove costly and lead to a potential construction and supply crunch. Meanwhile, empty nesters own twice as many large homes as millennials with kids, contributing to the housing supply crunch across the U.S. Learn more about your ad choices. Visit megaphone.fm/adchoices