That's an interesting take on the effect of baby boomers moving through retirement to death:
"As the older population die.... money filters through to the younger generation...... which will continue to feed the new homebuying and new homeloans and inevitably house prices will head north."
It's true that a lot of the wealth in Australia is controlled by baby boomers. I would expect, as they reach old age and infirmity, that this generation will understandably spend their wealth on health care and housing (as in retirement homes, residential care and nursing homes) to a much higher standard than the current aged. As such, a lot of the inheritance will be, inevitably, "blown".
