"That could be a tough pill for millennials to swallow, considering they largely blame baby boomers for their inability to purchase a home in today’s market since they’re holding onto homes longer out of fear of high mortgage rates—and are swooping in with all-cash offers that can’t be matched by their younger counterparts."

Read this story from "Fortune" for free without being tracked.

https://read.distractionfree.site/fortune/2023/10/19/housing-market-outlook-1980s-deja-vu-recession-boomers-millennials/

#market #recession #Fleming #ChiefEconomist #FedChair #Fortune500 #MarkFleming

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