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I think it's going to be worse. Boomers think their house is worth million dollars today, but in 5-10 years when more of them start to retire, they will find ou
by vinyl7 4y ago
I think it's going to be worse. Boomers think their house is worth million dollars today, but in 5-10 years when more of them start to retire, they will find out that a) millenials and younger can't afford their inflated prices and b) there are no other boomers to trade houses with. So if they rely on their house to be a retirement fund....that might not exist when they actually retire.