3 Baby Boomer Real Estate Myths Busted
By Posted in - Advertising & Media on December 8th, 2015The generation born following World War II has had a major impact on the U.S. economy and housing market over the past several decades, and the next decade will be no different as baby boomers enter their golden years. But don’t expect this generation to stick to the script when it comes to retirement and housing decisions. The new Merrill Lynch/Age Wave survey, Home in Retirement: More Freedom, New Choices, turns conventional wisdom on its head. Living in downsized homes -condos, rental apartments and houses smaller than where they lived before? Not every boomer wants to sell their home and move to a condo. “About half of people we surveyed didn’t downsize at all when they moved,” said AgeWave President and…