Quote:
Originally Posted by John Mercier
Everyone thinks it will balance... but the Boomers will be picking up the pace of retirement over the next few years... and housing for the younger sector is getting more expensive so they keep getting pushed out of the area.
So it is really going to depend on customer efficiency changing the status quo.
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This is exactly it--the widening split between the haves and have-nots. Some of us keep getting richer--more people in more second homes wanting more and better meals out. But this drives up the cost of real estate pushing younger and less wealthy folks further away. This dynamic is much more extreme than when we were young