baby boomers 2011 onwards

An insightful and interesting read.

http://news.domain.com.au/domain/real-estate-news/demographics-cast-a-shadow-over-property-market-20111026-1mizf.html

My Father and mother are in this very position. They have 2 investment properties and want to retire this year. They are looking to fund their retirement by selling their investment properties and living in their owned home in a middle ring suburb of Perth. I have tried to get my father to sell since 2009, but his excuse has been to wait closer until he retires I wonder how many baby boomers are in the same predicament with their properties slowly losing value.