Quote:
Originally Posted by OrangeBlossomBaby
And let's not forget that the mid-year Baby Boomers are turning 80. There are more PEOPLE at age 80, going into assisted living facilities, nursing homes, memory care, etc, than there were 20 years ago. More people moving out of their houses into facilities means more houses available for resale.
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So true. We also have a general ending of the pension paid retiree and are now phasing into a group with less savings for retirement sustainability. There are investors and those with 501s, but they are few in comparison to the older pension recipients there used to be.