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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 6:13:57 PM
From: Lizzie TudorRead Replies (1) of 306849
 
I just think whatever the conventional wisdom is as far as what the "boomer money" will do or not do is pretty much the opposite of what really is happening.

For example Boomers were supposed to support the stock market until the latter part of this decade and then whoosh, take it all out to fund their retirement on fixed income. Well guess what it did actually happen but sooner and a little differently than anyone thought. Boomers actually LOST most of the money they had in stocks. Now there is very little chance that we will get that huge Boomer drawdown that was supposed to happen in 2010.

Same with houses I think. Whatever boomers were supposed to do to prop up or save this or that, has probably *already* occurred.
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