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The Silver Tsunami: Which Areas Will Be Flooded with Homes Once Boomers Leave?
- larnmar 7y ago> Over the next 20 years, more than a quarter (27.4 percent) of the nation’s currently owner-occupied homes are likely to hit the market That doesn’t sound like all that much. I mean, roughly a quarter of the population dies in any given twenty year period anyway given a 80 year life expectancy, and houses change hands for many other reasons.
- SQL2219 7y agoHere is the opposite view: housing shortage: https://www.cnbc.com/2019/11/22/heres-where-the-housing-shortage-is-worst.html https://www.cnbc.com/2019/11/22/heres-where-the-housing-shor...
- h2odragon 7y agothe standards homes have been built to have changed a lot, many of the newer of these homes are going to be difficult to "upgrade" or "rehabilitate" into salability. It's worse than the mobile homes used for old people storage in Florida in the 80s, at least those could be pulled off the lot and replaced as roll in units. Today's McMansions are going to have to be broken up and cleaned off the site first.