More people will never own a home — they're the 'forever renters'

Tech Insider : Economy, Economy
Man pushing house against a trending arrow with money falling out

Getty Images; Alyssa Powell/BI

Some wealthy people trying to sell their luxury homes are struggling

Tech Insider
Bravo star's Sonja Morgan's Upper East Side home is up for auction, with a starting bid of $1.75
Bravo star's Sonja Morgan's Upper East Side home is up for auction, with a starting bid of $1.75

MediaPunch/Bauer-Griffin / Getty Images; Courtesy of Concierge Auctions

Baby boomers are approaching 'peak burden' on the economy

Tech Insider : Economy, Economy
baby boomer

REUTERS/Mike Blake

  • The baby-boomer "time bomb" is finally upon us, economists say.
  • All boomers will be at least 65 soon, the generation's point of "peak burden" on the economy.
  • Future generations can take solace in the fact that no boomer-size generations are in the making.

A time bomb has been ticking in the US.

Why mortgage rates are doomed to stay above 7% for the foreseeable future

Tech Insider
The housing market has been pushed out of reach for some Americans by sky-high mortgage rates.

Getty Images

From more inventory to lower prices, here are 3 signs the housing market may be getting better for buyers

Tech Insider
buying home

Justin Sullivan/Getty Images

DumBro: Why every neighborhood in America seems to have an idiotic name

Tech Insider : Economy
City sign photo illustration.
Neighborhood rebrands like SoBro and SoWa were once oddities — now these two-syllable names are an epidemic.

Fine Art Photographic/Getty Images; Jenny Chang-Rodriguez/BI

A millennial couple bought an abandoned cottage for half the price of nearby houses. It's a major fixer-upper, but it's worth it.

Tech Insider
A photo of Greer Gagnier and Kyle Verma standing next to a for sale sign in front of their home (right) next to an exterior shot of the house during construction (left).
Greer Gagnier and Kyle Verma bought an abandoned fixer-upper in Rhode Island after two years of looking for a starter home.

Courtesy of Greer Gagnier

Inside 2 Texas cities where home prices are dropping, sellers are slashing asks, and buyers can get lowball offers accepted

Tech Insider
A man unloads a moving truck.
Homebuyers in Austin and New Braunfels are finding more success as sellers lower their prices.

Maskot/Getty Images

This US region is seeing the biggest rent declines as owners struggle to fill vacancies, Redfin says

Tech Insider
An aerial view of Austin, Texas.
Austin, Texas

Brandon Bell

China just unveiled the strongest remedies yet for its troubled housing market

Tech Insider : Economy, Economy
Apartments under construction in China
Apartments under construction in Wuhan, China.

VCG/Getty Images

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