At least Texas fixed that last Nov.
At least Texas fixed that last Nov.
The mortality cliff is here and it's only getting started.
Archive: https://archive.today/1Ocmi
From the post:
>In “The Game of Life,” landing on the “Inherit a House” square is one of the most coveted on the board. In real life, a home or condo is also one of the greatest financial gifts that can be passed on, especially in a housing-strapped state like Colorado. More Coloradans are seeing the big wheel spin in their favor each year. But the pace won’t be enough to make up for a housing shortfall estimated at more than 106,000 units in 2023, according to a report from the Colorado Department of Local Affairs. About one in eight homes that traded hands in Colorado last year represented an inheritance, which is a little below the share that new home sales represented, according to data from the real estate research firm Cotality.
The mortality cliff is here and it's only getting started.
Archive: https://archive.today/1Ocmi
From the post:
>>In “The Game of Life,” landing on the “Inherit a House” square is one of the most coveted on the board. In real life, a home or condo is also one of the greatest financial gifts that can be passed on, especially in a housing-strapped state like Colorado.
More Coloradans are seeing the big wheel spin in their favor each year. But the pace won’t be enough to make up for a housing shortfall estimated at more than 106,000 units in 2023, according to a report from the Colorado Department of Local Affairs.
About one in eight homes that traded hands in Colorado last year represented an inheritance, which is a little below the share that new home sales represented, according to data from the real estate research firm Cotality.
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