Recent forecasts indicate that the amount of inheritance being passed down from the baby boomer generation will experience an extraordinary surge over the next few decades. According to estimates, the volume of inheritances is expected to quadruple within the next 30 years. This means that an astounding $3.5 trillion will be passed down over the next decade alone, steadily rising to an annual transfer of $224 billion by the year 2050.Welcome to How’s The Market, a podcast for First Home Buyers and Upgraders that gives you tips, tricks & up to date real estate information from on the ground.Make sure to check out www.tomii.com.au to get access to our How’s The Market blog and join the mailing list and we shall see you again in next week’s episode!
Ep. 2 | The Inheritance Tsunami
13/07/2023
Buying Melbourne Podcast
Recent forecasts indicate that the amount of inheritance being passed down from the baby boomer generation will experience an extraordinary surge over the next few decades. According to estimates, the volume of inheritances is expected to quadruple within the next 30 years. This means that an astounding $3.5 trillion will be passed down over the next decade alone, steadily rising to an annual transfer of $224 billion by the year 2050.Welcome to How’s The Market, a podcast for First Home
Buying Melbourne Podcast
Buying Melbourne is Melbourne’s go-to podcast for buyers who want to make smarter property decisions. Hosted by Tristan Larkin and James Rankin from TOMII Property, we bring you expert tips, market insights, and real stories from the frontlines of real estate, finance, and construction. Auctions, rates, off-markets – we’ve got you covered.