Downsize or sit tight is the question.

Downsize Or Sit Tight?

In a current published article, Trulia Chief Economist Jed Kolko argues that “Baby Boomers” may not provide expected demand for downsize housing, because the trend over past decades indicates that downsizing is getting rarer and happening later in life. He cites a June release by Fannie Mae on boomer downsizing stating that the share of baby boomers in detached homes has been approximately stable from 2006 to 2012; and he cites population survey data from 1979 to 2013 showing a steady decline in the percentage of age 70+ households living in multi-unit buildings from 32% in 1979 to under 25% in 2013, despite the slight increase in age 50-69 households […]

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