YOU MAY RECALL several blogs in the past about Baby Boomers … explaining the effect they will have upon the property market — both Residential and Commercial.
In 2005, I warned investors that: If you hadn’t sold your traditional inner-city family home by 2010-11 … you had better be prepared to hold it until 2025.
My reasoning for this was NOT that there would be any fewer buyers. Rather, they would be five times as many of these homes on the market — as baby boomers sought to downsize en masse. [Read more…]