The Wall Street Journal reports that Baby boomers are getting
ready to sell ONE QUARTER of America’s homes over the next two
decades. The problem is that many of these properties are in places
where younger people no longer want to live. It is quite possible a
real estate glut of oversupply is developing in senior communities.
On the weekend Sun City opened in 1960, cars were backed up
for 2 miles as some ONE HUNDRED THOUSAND visitors
waited to gawk at a village built specifically for adults over the
age of 50. Today, its a nice town, but like so many Sun Belt senior
living cities coast to coast, supply has increased and demand
is falling. Today we'll review a fascinating Wall Street Journal
report then mortgage expert Mitch Boxberger joins us. Don't miss
today's show, MASTERING MONEY is on the air!!!!
About the Podcast
...No ordinary retirement show! Hear cutting edge insights from an Amazon best selling author and Accredited Investment Fiduciary®