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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: el_gaviero who wrote (23351)	12/12/2002 3:50:34 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 36161

I would love to see capacity utilization on housing suppose an empty nest couple has a 4-bedroom house a little den serves as an office so they have two empty bedrooms that qualifies as 50% utilization a widow lives alone in a 2-bedroom apartment after her husband dies she qualifies as 50% utilization I share a 2-bedroom apartment with a friend that is 100% utilzn a new couple has a little child in a 2-bedroom starter house that is 100% utilzn I believe housing is at a very low cap utilization now this makes possible doubling up after selling out I have heard of only a few such cases a retired couple joins another to fill out a big house I suspect much more of that coming not anyday soon though I agree totally with your comment it points out a main criticism that I laid out on economists, who often make a comparison to a different era, one which was a bull (not a bear), one which here had emerging boomers like me hitting the workforce (not now) / jim

To: el_gaviero who wrote (23351)	12/12/2002 7:14:09 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 36161

With children leaving the nest, boomers need less space. In my neighbourhood in Toronto, many 'kids' 20 to 30 somethings are staying home. They have cheap rent, nice home, buy a nice car.... so I think that delays parent's downsizing... and the corrollary is.. The 'kids' aren't out looking for a 'starter' home either. I don't think it's the same today. I was gone gone gone @ 17 and never looked back, sure I visited, but freedom in the early 70's, downtown Montréal, life was sweeeeeet...