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


To: MoneyPenny who wrote (49418)3/3/2006 5:57:16 PM
From: CalculatedRiskRead Replies (2) | Respond to of 306849
 
Yes, the transfer to the baby boomers is just starting. It is a transfer from a small generation (the original "baby bust) of the people born between 1925 and 1939 to a large generation (the Baby Boom: 1945 - 1964).

See this animation for the bust / boom.
calculatedrisk.blogspot.com

Since this transfer is from a relatively small cohort to a large cohort, its impact in general will be small. The transfer from the Boomers to the following generation will be much more significant - but that won't be significant for another 20 to 30 years.



To: MoneyPenny who wrote (49418)3/3/2006 7:27:00 PM
From: gpowellRespond to of 306849
 
Individuals base decisions on expected income and expected wealth. Consequently, the expectation of this generational transfer is factored into current consumptions levels, at some discounted factor adjusted for risk.