The US cities where the housing market runs on generational wealth
The US housing market is becoming increasingly dependent on generational wealth, with research showing that housing wealth is more tightly passed from parents to children than earnings. This trend is particularly pronounced in expensive housing markets, where the persistence of housing wealth from one generation to the next is even higher. As a result, those without parental wealth behind them may find it more difficult to access the housing market and achieve upward mobility.
- ▪Housing wealth is more tightly passed from parents to children than earnings, with an intergenerational persistence score of 0.43.
- ▪Children whose parents ranked ten spots higher in the housing wealth distribution ended up about 4.3 spots higher in their own generation's housing wealth distribution.
- ▪Children raised in homeowner households are 18.4 percentage points more likely to become homeowners by age 35.
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Real Estate The US cities where the housing market runs on generational wealth By Allaire Conte Published June 9, 2026, 3:17 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Originally Published by: Medical Deserts Are Trapping Seniors—but the Wealthy Found a Way Out Florida Remains the Riskiest Market for Future Home Price Declines Why Off-Market Home Sales May Be Raising Your Property Taxes For generations, the promise of upward mobility was simple: Get a good job, save carefully, and buy your way into the middle class. But in many of America’s most expensive housing markets, that ladder is becoming harder to climb, according to new research.
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