‘Oracle of Wall Street’ says boomers control the housing market, and their enormous equity will keep them in place — ‘There will be no quick fixes’

Why This Matters

New financial products are keeping them in place, Meredith Whitney said: "This has made it easier for seniors to hold on to their homes by tapping into some of this built-up equity."

September 22, 2025

06:03 PM

4 min read

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Financial sector news can impact lending conditions and capital availability for businesses
Consumer sector trends provide insights into economic health and discretionary spending patterns

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Could this financial sector news affect lending conditions and capital availability?
What does this consumer sector news reveal about economic health and spending patterns?

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