3/7/2012 – Baby boomers will be selling their homes, but will their children want to buy them?
As home-owning baby boomers age, they’ll eventually be leaving their homes. But it’s unclear whether the next generation will be eager or willing to buy them, according to a new paper from the Bipartisan Policy Institute. As John Pitkin and Dowell Myers wrote in 2008,“The sell-off of seniors’ former housing creates a potential supply that will potentially exceed younger adults’ effective demand.”
Read the full article at The Washington Post