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Mar 7, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: Baby boomers will be selling their homes, but will their children want to buy them?

Economy: Economic News, Policy & Analysis - The Washington Post
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Baby boomers will be selling their homes, but will their children want to buy them?
Mar 7th 2012, 16:20

As home-owning baby boomers age, they'll eventually be leaving their homes. But it's unclear whether the next generation will be eager or willing to buy them, according to a new paper from the Bipartisan Policy Institute. As John Pitkin and Dowell Myers wrote in 2008,"The sell-off of seniors' former housing creates a potential supply that will potentially exceed younger adults' effective demand."

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