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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[–] grue@lemmy.world 4 points 2 months ago

Do you have boomer parents? I do, and they definitely need to downsize because they're getting too old to be able to keep up with the yardwork and other maintenance. An empty-nester couple just doesn't need a 3000+ square foot house. And they know it, too! They want to downsize. The only reason they haven't yet is that they can't decide where to move to.

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