At Age 65 U.S. Homeownership Peaks At 81.2%

Posted by admin March - 6 - 2014 - Thursday

Pool Day at SoliVita

Hi folks, I read an article that stated that………At Age 65 U.S. Homeownership Peaks At 81.2%

The analysis is based on 1998-2010 data culled from the University of Michigan’s Health and Retirement Study, sponsored by the National Institute on Aging.

I find it interesting that the rate declines to 77.7 percent by age 75, falling steadily thereafter to hit just 54 percent for 95-year-olds

READ THE ARTICLE

Then in another article I read……More than 2.3 million adult children are living with their parents in California, a 63 percent increase since the Great Recession began seven years ago and a phenomenon straining budgets and pushing some families to the brink of poverty, according to a study released Thursday.

READ THE ARTICLE

Now these two articles got me thinking…… I wonder how many adult children are living in SoliVita? One of the reasons my wife and I moved to SoliVita was to keep the kids out. Our kids that is 🙂 Of course if they were homeless we would do the right thing and……..rent them an apartment!!!

I’m just sayin’

What say you?

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I am a licensed real estate Broker in the state of Florida. My opinions on real estate have been formed from my experiences and 15 years of working in the business. My opinions are in line with Florida Real Estate laws and the REALTOR(R) Code of Ethics. Your State’s laws may differ. So do your own homework before implementing any of my business practices into your business.