3 ms·

I generally wonder what is going to happen to the real estate market once retirees are forced to sell their homes to stay in nursing homes, or just pass away, e

• BeetleB 7y ago
  >The kids could inherit the homes, but that will still leave a flood of houses on the market. It will be interesting to see play out. Investors will buy them, and get the city/county to rezone those properties for multiple houses. They will tear the house down, and build N houses on it and sell it. In the short term, there might be a local HOA that will fight it. But when the oversupply gets large enough to really impact everyone's prices, the existing owners will favor this solution, as it will raise the value of their own mansion.
  • partiallypro 7y ago
    Or it could be like Japan, and the real estate market is flat for decades. In fact, Japanese median home prices are lower than they were in 1992. The stock market had flat phases for decades in US history...I don't see why housing as an asset class is immune to it.