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Gray divorce: How the splitting of older households is impacting the housing market
Divorce rates for those over 50 have doubled since 1990, creating new housing inventory and raising demand for smaller homes and rentals, reports the National Center for Family & Marriage Research.
- In the U.S., gray divorce is reshaping housing trends as the National Center for Family & Marriage Research reports the 50+ group adding sellers and buyers, affecting supply and demand.
- Since 1990, divorce rates for older adults have climbed, with rates for the 50+ demographic doubling and the 65+ group tripling due to longer life expectancy and a 'third act' motive.
- About half of gray divorcees live alone and many turn to rentals as splitting assets limits cash for buying, while Baby Boomers target smaller condos and townhomes, competing with Millennials and Gen Z.
- Co-Owned post-divorce properties often create legal complications as many couples live in 'separated under one roof' arrangements, risking civil partition action if one seeks withdrawal, while divorce cuts older women’s living standards nearly in half, prompting shared housing and pooled solutions.
- Demand is increasing for active-adult rental communities as about half of gray divorcees living alone fuel roommate/shared housing trends and pooled purchases co-buying models.
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29 Articles
Tulsa World+28 Reposted by 28 other sources
Gray divorce: How the splitting of older households is impacting the housing market
Underwood Law reports that the rise of gray divorce among those 50+ is reshaping the housing market, increasing inventory but also driving demand for smaller homes.
·Tulsa, United States
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Total News Sources29
Leaning Left1Leaning Right0Center25Last UpdatedBias Distribution96% Center
Bias Distribution
- 96% of the sources are Center
96% Center
C 96%
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