U.S. Baby Boomers to benefit their children with ample homeownership: report

NAMPA / Xinhua
2024-12-19
NEW YORK, Dec. 19 (Xinhua) -- As of this year there are 65 million Baby Boomers, defined as Americans born between 1946 and 1964, who account for 20 percent of the U.S. population and 36 percent of total homeowner households, a reminder of the spending power of the mighty post-war generation, according to a report released on Thursday by mortgage guarantor Freddie Mac. "As they age -- and pass on -- the ensuing 'Silver Tsunami' is likely to be......
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SWAKOPMUND, 11 December 2024 – South African Anglers pictured with their catch during the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – South African Anglers pictured with their catch during the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – South African Anglers while in action at the International Shore Angling Gala tournament which was held between Namibian and South African anglers in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – South African Anglers while in action at the International Shore Angling Gala tournament which was held between Namibian and South African anglers in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas team poses for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions at a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas team poses for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions at a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas teams pose for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas teams pose for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

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