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Baby boomers value real estate much higher than their offspring


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2014 Mar 23, 7:12am   579 views  1 comment

by jojo   ➕follow (2)   💰tip   ignore  

http://www.doctorhousingbubble.com/baby-boomers-value-real-estate-much-higher-than-their-offspring-baby-boomer-real-estate-buying/

Many baby boomers are also seeing their offspring coming back home with student loan debt that already rivals that of a mortgage in other parts of the country. Yet in many cases, their kids are happy and well rounded. I know many offspring of baby boomers and many have no intention of buying. They place a higher value on location, mobility, and having free cash to travel with close friends. The data also shows that the family unit is becoming much smaller and many are opting to have one or no kids. Why the need for a 3/2 then? This...

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1   hanera   2014 Mar 23, 7:26pm  

Real estate grabs the headline but the truth is the return of an all-cash RE buyer is far below that of the S&P index, about 50% for the past two years. And if you've invested in the momentum stocks (messaging/cloud computing software and biotech), return is indecently high.

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