A massive intergenerational wealth shift is quietly reshaping the luxury property landscape. Aging American households hold unprecedented concentrations of personal wealth—and now, as Gen X and Millennials inherit these fortunes, capital is flowing into high-end real estate at scale. This isn't just about individual purchases. The sheer volume of transferred wealth is creating visible market momentum, driving up valuations in premium segments and reshaping regional investment patterns. For those tracking macro trends and asset flows, this wealth cascade is worth watching closely—it reveals where liquidity clusters are forming and how traditional wealth repositioning impacts market cycles.