Not looking for a bitch fest about the unfairness of inheritance, as I have accepted the world the way it is. We don't control which households were born in and have to play the cards we're dealt.

I've come across some videos about the "jackpot generation" of younger Canadians who will imminently inherit large amounts of money from their parents - a total of about $1 trillion between 2024-26.

Linked below is a Maclean's article on this topic. I tried to find how this will affect the RE market, but the article focuses more on obvious things such as unfairness and the need for estate planning. The article does talk about how this transfer will erode the "middle class" even further, but leaves it at that.

I'm neither a bull, nor a bear. I'm just interested in understanding what other people think. My understanding is that more money in people's pockets, especially lumpsum receipts of large amounts of inheritance, will expand people's ability to purchase real estate. Contrast that with all the views around interest rates coming down and the market's response to low demand essentially bursting the RE bubble.

What do you think? Will this intergenerational wealth transfer raise RE prices further, or are there other factors I am missing?

Source: https://macleans.ca/society/the-jackpot-generation/