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I believe strongly that the boomers dying will also result in a wide, and wholesale transfer of wealth - it may not go intergenerationally directly - but it wil

by Aloha 11y ago

I believe strongly that the boomers dying will also result in a wide, and wholesale transfer of wealth - it may not go intergenerationally directly - but it will unleash a torrent of stored wealth on the economy, and may cause a crash on housing prices (again) because of so much of the market 20-40% turning in 20 years.

hiram112 11y ago
The majority of boomers don't actually have much liquid wealth. Most of it is in the form of homes, which, I agree, will not be worth much at all.
joesmo 11y ago
There are plenty of markets that could use a crash in housing prices, not the least of which is the Bay Area market.