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Lots of older Americans say they'd love to downsize, but it doesn't make financial sense. The housing roadblock has left some would-be buyers stuck. We asked experts what policies could change that.
Lots of older Americans say they'd love to downsize, but it doesn't make financial sense. The housing roadblock has left some would-be buyers stuck. We asked experts what policies could change that.
Baby boomers' dominance in the US housing market is coming to an end. And Gen Z, not millennials, are poised to take over.
As baby boomers age and leave their homes, experts predict a "silver tsunami" of available homes could flood the market, benefiting younger populations.
In 2003, the Medicare Modernization Act added a prescription drug benefit for senior citizens—the much-debated and often-controversial Part D. Is Medicare Part D a good or bad program overall? It may not be possible to answer that question, since the drug benefit has positive as well as negative aspects. Economists Gary Engelhardt and Jonathan Gruber have put out an important new paper examining the effects of Part D in great detail. The Heritage Foundation’s Center for Policy Innovation distills their findings.