The typical home buyer is now a lot older than just a decade ago: Recent buyer and seller data shows an older population purchasing real estate across the country.

Dr. Housing Bubble reports:

In the past, the real estate industry was easily predictable. Folks got married, entered into a rental, got into house humping mode, kids came, and then new homes were built for this demand. The home building industry thrived on this and so did construction employment in the United States. That doesn’t seem to be the pattern any longer. People are waiting much longer to marry and the size of the American family is shrinking.

Most Taco Tuesday boomers did not envision having a multi-generational household. Certainly not with a grown adult living at home and then spending all disposable income on fancy cars and going out with friends. Some use multi-generational households as “free daycare” so they can keep having dual-incomes to support their expensive lifestyles.

Barack Obama says the economy is much better than before he was in office!