Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain@lemmy.world

Baby boomers aren't downsizing, and it's straining the housing market (www.kjzz.org)

submitted 2 months ago by SeattleRain@lemmy.world to c/housing_bubble_2@lemmy.world

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[–] Treczoks@lemmy.world 64 points 2 months ago (3 children)

In many cases, the failure to downsize is caused by the lack of affordable smaller housing. If a smaller flat is more expensive - if at all available - why should or could they downsize?

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[–] clover 18 points 2 months ago

And with the rate that the market has increased, of course smaller is more expensive than staying for a majority.

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