By Brad Beckett on February 26, 2026
A recent article in the Wall Street Journal says that Generation X and Millennials are poised to inherit massive amounts of real estate over the next decade as wealth moves from older generations to younger ones – a phenomenon often called the great wealth transfer. Click here to read more.
According to a Coldwell Banker Global Luxury report reviewed by the WSJ, roughly 1.2 million high-net-worth individuals (worth at least $5 million) will pass down more than $38 trillion in global assets, with Gen X and Millennials inheriting about $4.6 trillion in real estate, including around $2.4 trillion in the U.S. alone.
“Baby boomers and older Americans have spent decades amassing one of the largest concentrations of private wealth in history. Now, that wealth is starting to be passed down to the next generation—and it’s having a ripple effect across the high-end property market.”
Click here to read the full story at Realtor.com.
Click here to read the full story at the Wall Street Journal.
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