The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (28914)	3/30/2005 10:58:02 AM
From: John Vosilla	Read Replies (1) of 306849

I have many older relatives 70+ in the NYC area sitting on free and clear property with a fortune in equity that are cash poor. Somehow I doubt the boomers will resort to living like that when it is their time. Right now the discrepancy is so great is makes sense to cash out and move to much cheaper markets which many of the younger generations have no problem doing.

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