The biggest problem I see with the growth is future demographics. Retireing baby boomer's with savings, pensions, and social security will buy up the homes and enjoy the lifestyle. What will happen when this generation dies off. The generations next in line are smaller in numbers, no longer work for companies with pensions, don't have the same passion for golf, and who knows what will be the state of social security? The supply and demand balance will be very different in 20 - 30 years. Oh well, not really our problem, our children will have to deal with this when they inherit our homes.
|