2 ms·
I think the Baby Boomers slowly downsizing and dying is going to be an earthquake on house prices. I know lots of young families in apartments and small houses
by rr888 4y ago
I think the Baby Boomers slowly downsizing and dying is going to be an earthquake on house prices. I know lots of young families in apartments and small houses while their baby boomer parents have big suburban houses. Why not hang on to your big house if you're healthy enough and it keeps going up in value every year. Once people start selling it'll become a tidal wave of selling - once house prices go down every year for 5-10 years in a row no one will want to own.
- jeffbee 4y agoThe thing to remember about boomers is there are even more millennials than there were boomers. The hoped-for expiration of the former will only partially satisfy the appetites of the latter, and much later in their lives than they would have liked.
- rr888 4y agoGood point, Demographics look pretty stable actually isn't isn't totally what I expected. I wonder what the regional pyramids look like eg NE vs midWest vs South vs West. https://en.wikipedia.org/wiki/Demographics_of_the_United_States https://en.wikipedia.org/wiki/Demographics_of_the_United_Sta...