Boomers have the space. Millennials have the kids
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Empty nesters are sitting on America's family-size homes.Why it matters: The people who have the space aren't necessarily the ones who need it — and that's making a tight housing market even tighter.By the numbers: Compared to millennials with kids, boomer empty nesters own nearly twice the share of homes with three-plus bedrooms (28%).Millennial parents own 16% and Gen Z parents own less than 1% of large homes, according to a Redfin analysis of the latest census data, from 2024.Zoom in: The hig
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