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

To: KyrosL who wrote (49394)3/3/2006 1:37:59 PM
From: John VosillaRead Replies (3) | Respond to of 306849
 
I have learned to question this time is different. I've never seen so much BS about aging baby boomers saving the day in my state of Florida like I do today.. Yeah new paradigm aging boomers gonna buy each $600k condo being built as a 2nd or 3rd home. Then I hear most Americans have no savings for retirement and most with wealth outside of the very rich have almost all their equity in property. Perhaps that is where the answer lies. Here we are at the height of the winter buying season and the mania is very over. Stick a fork in it as any hope for a spring buying season in the rest of the country also fails to materialize..



To: KyrosL who wrote (49394)3/3/2006 1:49:27 PM
From: gpowellRead Replies (1) | Respond to of 306849
 
It is a result of observing expenditure over the life-cycle. We are in a period of peak earning years for most baby boomers and consequently peak housing consumption demand. Long rates are currently pricing in the effects of a drop in the rate of output growth, which will accompany the retiring and eventual death of the boomer population.


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