Paradise or Problem: Baby Boomer Housing Shifts in Hawaii (2018-2023)
Unlike predictions of a mass sell-off as boomers hit retirement age, most are staying put. Demographic and Housing Overview Hawaiis population is aging rapidly. Baby Boomers have high homeownership rates, directly affecting housing occupancy and turnover. Shutterstock Hawaii stands out in this regard it has the highest concentration of Boomer homeowners of any state. Across Hawaii, Boomers control a huge portion of housing wealth. Homeownership and Location Preferences: Urban vs. Overall, the prevailing trend islimited relocation....