‘Oracle of Wall Street’ says boomers control the housing market, and their enormous equity will keep them in place — ‘There will be no quick fixes’

FortuneMonday, September 22, 2025 at 6:03:28 PM
‘Oracle of Wall Street’ says boomers control the housing market, and their enormous equity will keep them in place — ‘There will be no quick fixes’
Meredith Whitney, known as the 'Oracle of Wall Street,' highlights how baby boomers are significantly influencing the housing market. She points out that new financial products are enabling seniors to leverage their accumulated equity, allowing them to retain their homes longer. This trend is important as it suggests that the housing market may not see quick changes, impacting both buyers and sellers in the real estate landscape.
— via World Pulse Now AI Editorial System

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