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April 12, 2012

What If Housing Is Done for a Generation?

Without going into too much detail, we can stipulate that the Baby Boom (65 million people)
will be downsizing their housing, i.e. selling for the next two decades..... What few are willing to entertain is the possibility that housing is no longer the foundation of middle class wealth, and that its decline is structural, not cyclical. -- charles hugh smith-

Posted by gerardvanderleun at April 12, 2012 7:40 PM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

MacMansions will be selling for $35,000.

Posted by: Peccable at April 14, 2012 5:14 AM

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