The Current State of the Property Market Is Kind of Depressing

Category: Home Services

According to data from Deutsche Bank, the average age of people buying homes in today’s property market is 47 years old. For comparison, the average age in 1981 was 31 years old.

The worst part is that this isn’t even the highest it’s been; the average age has raised eight years since the financial crisis of 2008.

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Image via Utica Phoenix.