Want to create an interactive transcript for this episode?
Podcast: BiggerPockets Daily
Episode: Underinvestment in Real Estate Might Be the Next Big Hurdle for Investors, According to a New Report by Moriah Costa
Description: 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...