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Once the babyboomers start selling for retirement home cash, or dying, many property bubbles will be popping.
by rabboRubble 9y ago
Once the babyboomers start selling for retirement home cash, or dying, many property bubbles will be popping.
- spaceflunky 9y agoYou're not wrong, but don't hold your breath. The average age of the boomers is an spry 67 with a life expectancy of ~85.
- randomdata 9y ago67 seems a tad high, no? Babyboomers are generally considered to be those born from 1946-1964. If we assume an even distribution of people born through those years, the average would be 62. However, births per year were higher towards the end of the boom, so in fact I would expect the average age to be even lower.