> but maybe they have better uses for $150,000 than to buy a house with twelve bedrooms when they only need three. Especially when a proportion of households

> but maybe they have better uses for $150,000 than to buy a house with twelve bedrooms when they only need three. Especially when a proportion of households are older people who are downsizing. This isn't the Baby boom era anymore when the vast bulk of the home buying population is going after houses based on location to schools or jobs. The locations important for older people aren't exactly the same as for younger people.