I said
"Next generations;
Gen Y and the "kids" generation (as labelled by the abc in the below Census overview) are both larger than the Baby boomers. When combined (plus the smaller gen x group) they represent many more buyers over the same 20 years that the baby boomers retire.
So whilst the sell side has some pressure, the buy side arguably has more pressure."
The discussion was whether BBs selling their properties was going to cause excess sell side pressure.
So again, why where you combining all generations to compare with the kids?
Actually don't try and answer that.
Let's get back to the discussion.
As yet, IMO, no one has put forward a solid reason as to why baby boomers retiring is going to cause a decrease in prices due to supply over taking demand. I'm sure there is a good argument out there though... anyone?
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