3 ms·
See below for population distribution of the U.S. http://en.wikipedia.org/wiki/File:Uspop.svg http://en.wikipedia.org/wiki/File:Uspop.svg The people at that bu
by DevX101 16y ago
See below for population distribution of the U.S.
http://en.wikipedia.org/wiki/File:Uspop.svg http://en.wikipedia.org/wiki/File:Uspop.svg
The people at that bulge in the middle are now in their late 50s. When they start to die and sell their assets all at once, we're going to see a major devaluation in the stock market, and real estate.
- beoba 16y agoThey won't be selling everything at once; it'll be distributed over 30-40 years. They don't have that much saved either: http://www.bargaineering.com/articles/working-americans-have-almost-no-retirement-savings.html http://www.bargaineering.com/articles/working-americans-have... And, on top of all that, following the hump is another (albeit smaller) one filled with their kids.