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re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks

Posted on 4/27/24 at 12:14 pm to
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
11035 posts
Posted on 4/27/24 at 12:14 pm to
In 5 to 10 years we’re going to see a housing surplus and price crash.

Boomers (who own the majority of real estate) will start departing the world in greater numbers, downsizing and into retirement homes.
This post was edited on 4/27/24 at 12:15 pm
Posted by North Dallas Tiger
United States of America
Member since Mar 2024
3326 posts
Posted on 4/27/24 at 12:16 pm to
quote:

Boomers (who own the majority of real estate) will start departing the world in greater numbers, downsizing and into retirement homes.
It's about fricking time.
Posted by AndyJ
Member since Jul 2008
2767 posts
Posted on 4/27/24 at 12:28 pm to
quote:

In 5 to 10 years we’re going to see a housing surplus and price crash. Boomers (who own the majority of real estate) will start departing the world in greater numbers, downsizing and into retirement homes.


While this is true, prices will keep going up until then and the crash will drop it to current prices. Or maybe even higher prices
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