Boomers Own 70% of US Homes — Here's How That Happened

Baby boomers now own roughly 70% of American homes and property — and politicians are too scared to touch it. Jerremy Alexander Newsome and Dave Conley lay out the thesis for a new series on housing: wages stayed flat while prices and interest rates exploded. Dave says the newest housing law just passed the Senate 85-5 and became law without a presidential signature. It bars investors who own 350+ single-family homes from buying more, but carves out purpose-built rentals — and comes with $200 billion in completely unfunded grants.Timestamps:(00:00) Wages vs. housing costs – the stat that shows they never caught up(03:45) Nashville's housing boom – why prices tripled there in six years(07:23) The boomer wealth transfer – politicians are too scared to touch it(10:02) The new housing law – bans corporate landlords, but $200 billion unfunded🌍 Connect with us: Instagram | YouTube | X