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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MoneyPenny who wrote (49401)3/3/2006 3:44:26 PM
From: Paul KernRead Replies (1) of 306849
 
<I'm the oldest of the baby boomers and I'm not dead yet. Boomers are 42-60 at the top end, and are the recipients of one of the largest transfers of wealth ever. Their parents are dying and inheritance plays a much bigger part into the second home scenario than anyone ever mentions here. MP>

I was born in month five of the baby boom and I'm seeing the transfer of wealth to nursing homes, doctors, and hospitals with maybe a little left over if the kids are lucky.
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