life time renters, page-7

Clubsharer said
"I forgot to add that the new generation of politicians will be cashed up and be capable of watching on the sidelines, as the older generations unload their stock forcing an oversupply of housing onto the market. How else are these asset rich and cash poor people going to get money? I don't think the new generation of government would care less one bit!"

Unload their stock huh. Seems most will hold....



Cashing in on baby boomer plans
DEMOGRAPHER:
Bernard Salt From: The Australian February 11, 2010 12:00AM

I SPENT a good deal of last year managing a study of baby boomers who were more or less on the verge of retirement.
The Monash Baby Boomer Study, now a public document (http://tinyurl.com/ycpswxw), was to assess boomers' expectations from a local council perspective.

One of the key findings, and one highly relevant to the property sector, is the fact that 70 per cent of surveyed boomers in Melbourne's middle-class City of Monash said they planned to stay in the family home in retirement.


http://www.theaustralian.com.au/business/property/cashing-in-on-baby-boomer-plans/story-e6frg9gx-1225828942095