So, if not Baby Boomers, who is borrowing billions with their SMSF's to directly invest in residential property?
You may also find that many professionals choose to work well into their 70's and even 80's. Not because they are short of cash but because their identity is closely tied to their career.
It's the tradies, yes, who are hanging out for retirement...but the youngest of the Baby Boomers(born in 1961)will only be turning 53 this year. So as previously stated, I can't see how the impact of the Baby Boomers retiring en mass will be seen before a few more years at least?
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