More unaccounted for overhang. Will there be enough appropriately sized rental units for seniors leaving their homes behind? Will seniors have enough wealth if they are forced to sell homes into distressed markets? In many cases their home was considered part of their savings and a major asset on the balance sheet. Where do boomers want to retire to?
Baby Boomers putting their house up for sale could flood the market in coming years, while the younger generations may not be interested in buying, a new report says.