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How Baby Boomers Are Influencing Current and Future Real Estate Trends


Inman Connect
As the generation with the most real estate wealth, baby boomers have a major influence on the rental and housing markets.
In 2017, CNBC reported that boomers were the fastest-growing group of renters in the country, and a June blog post by Rhino’s VP, Jeff Le, says they still are.
Founded in 2017, Rhino is an insurance agency that offers an alternative to cash security deposits. Through Rhino Insurance, tenants are able skip the upfront charge by paying a small monthly fee to Rhino, which then insures the apartment.
In the blog post, Le wrote that boomers are drawn to the rental market for a variety of reasons including a maintenance-free lifestyle, the ability to relocate with ease, and socialization.  ....

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