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Fortune
Fortune
Sydney Lake

Housing market experts split on whether the ‘silver tsunami’ of baby boomer downsizing will happen in 2024

Some experts project that downsizing boomers will bring extra inventory to the market starting next year.

This year was a particularly tough one for buyers looking to break into the housing market—and many blame the baby boomers for this year’s low inventory levels, saying that the boomers are holding on to their homes for too long, blocking already-struggling millennials and Gen Zers from homeownership.

But some experts project that downsizing boomers will bring extra inventory to the market starting next year. If true, that would be a major shift, unlocking the greatest portion of housing wealth held by any generation ($18 trillion, according to a Redfin report released in August.)

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