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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (23290)	8/16/2004 5:20:43 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

Uh, Mulholland......I'm not selling real estate or anything else, either. Just posting some thoughts about the status of people in my situation. Not sure my post said anything about "future appreciation" or "taking on additional debt" anyway! I believe you and I were responding to bernard's post about housing "freedom".

To: MulhollandDrive who wrote (23290)	8/16/2004 9:20:11 PM
From: Jill	Respond to of 306849

I'll add another view--I think big homes are getting harder to sell--expensive, sprawling etc. I don't think boomers will simplify to bernard's admirable lifestyle, but they will live in more modest houses as they retire, and do part-time work, I doubt they will ever just 'retire' outright. They will also move to friendlier climates and towns, while perhaps keeping pied-a-terres in big cities where they formerly worked. So certain areas of the country will continue to appreciate substantially, but not big fancy houses in overpriced inflated markets.