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re: 1 in 6 millennial: $100k saved in bank

Posted on 1/24/18 at 6:25 am to
Posted by Oilfieldbiology
Member since Nov 2016
37584 posts
Posted on 1/24/18 at 6:25 am to
That’s assuming they can sell and downsize

quote:

Boomers are the largest group of residential real estate owners in this country. Jesus, are you stupid or obtuse? Are some of those homeowners in bad shape regarding equity? Yes. Are a whole lot of them sitting on a pile of money when they decide to sell and downsize? You bet!
This post was edited on 1/24/18 at 6:26 am
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35614 posts
Posted on 1/24/18 at 6:54 am to
quote:

That’s assuming they can sell and downsize


Depends where they live now. In my area it's not difficult.
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