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optimus
Joined: 23 May 2008 Posts: 39
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Posted: Tue Feb 02, 2016 5:12 am GMT Post subject: Bay State population getting older |
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“On Dec. 31, 2016, 11 months from now, the number of adults age 60 and older will be greater for the first time in recorded history than the number of children age 20 and younger,” said David Stevens, executive director of the Massachusetts Association of Councils on Aging. “There is going to be a sea change in terms of service, response and needs in many towns.”
http://www.southcoasttoday.com/article/20160131/NEWS/160139898
If people are staying around and not retiring to Florida, house prices are going to stay elevated.[/url] |
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optimus
Joined: 23 May 2008 Posts: 39
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Posted: Sat Sep 16, 2017 2:17 pm GMT Post subject: |
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Median age is 39.3 (as of 2016). Population is getting older. Baby boomers will start retiring to warmer weather soon. Are we going to see increased inventory and lower prices? |
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Posted: Sat Sep 16, 2017 10:03 pm GMT Post subject: |
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optimus wrote: | Median age is 39.3 (as of 2016). Population is getting older. Baby boomers will start retiring to warmer weather soon. Are we going to see increased inventory and lower prices? |
I think we at ejust more likely to see older parents passing their homes onto their children... since their kids can no longer afford to purchase |
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