What Spring Statement forecasts could mean for your money
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The U.S. housing market is in the midst of a generational transition. White, non-Hispanic households, which have historically accounted for the majority single-family homeowners and the bulk of housing-driven generational wealth, are aging out of their prime buying years. Meanwhile, racially and ethnically diverse populations are expanding rapidly, especially in the 26-40 age range, the peak years for household formation.
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