Boomers who are empty nesters own a disproportionately large share of family-sized homes in the U.S. compared to millennials with children. This situation contributes to a tight housing market, as the people who possess the space are not necessarily those who need it most. While millennials have increased their ownership of larger homes over the past decade, older homeowners remain largely in place, often due to factors like low mortgage rates and a desire to age in familiar surroundings. AI
RANK_REASON The cluster discusses demographic trends in homeownership and their impact on the housing market, which is not a core AI topic.
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