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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MulhollandDrive who wrote (23286)8/16/2004 5:00:06 PM
From: TradeliteRead Replies (1) of 306849
 
wow...Mullholland...no sooner did I post my thoughts than you posted yours, and how different could those thoughts be?

I think boomers are getting more-- rather than less-- weighed down by responsibility for and the needs of others.......so they can't "relinquish" the things they own (such as their homes), but use those things for the benefit of others.

As I said, I hope to move to a simpler life sometime, but it's not in the near future--not as long as a spouse is still working, an elderly father is still kicking, and recent college graduates still like to come home once in a while and need room to spread out without driving us crazy.

And I'm an older boomer........the younger boomers are following along right behind me for years to come. Not sure what they will feel in terms of responsibility, but time will tell.

I'm guessing, but not betting any money, that younger boomers will have even more contact with their adult kids and elderly parents than I have (my kids refuse to come home and are trying to make it on their own for better or worse, and 90-yr-old dad insists on living in his own home but can no longer drive a car. Which means more financial responsibility and time commitment dumped on the sandwich-generation boomers, maybe.

You had some interesting thoughts, though. They just don't apply to me.
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