We're going through a change of life. They'll sell the second home, maybe the first home, maybe move into assisted living and pass away. The simple fact is The younger generation does not have the money to afford what the pricing of the baby boomers homes are today. So you're going to have this wave over the next decade of baby boomers needing to sell and downsize with a younger generation that doesn't have the money to buy it. (42:48–42:56)
CLAIM
Asserts that the younger generation cannot afford current housing prices set by baby boomers.
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