[mrguyorama]

The big trick is that a lot of systems right now for older folk are built around taking over legal custody of their home, as payment for end of life care or for living money because boomers didn't save for retirement. I don't think we are going to see boomer housing turnover to younger generations. The boomers broke basically every system and process designed to let the next generation get on their feet.

[wollsmoth]

maybe not via inheritance, but in most cases these homes will be sold on the market or the land will be redeveloped into other housing.

[mrguyorama]

But if they are sold to people who then rent it out, instead of selling it as a home, it has reduced the stock of housing. The game being played is to try and force as much of the US as possible to be renters instead of owners.