Boomers Will NEVER Sell, and It’s Ruining the Housing Market

"even at this increased Pace it would take years if not decades to fill the Gap that we need"

"lower inventory and lower affordability that I personally think is going to be around for a while I it's going to remain very difficult for families to buy larger homes especially in bigger more expensive type markets and that is going to at least in my opinion create sustained demand for familyfriendly rentals for years to come"

"Builders are seeing this Dynamic that I'm talking about and so they're going to try and build these three or four bedroom homes which could in the long term alleviate some of the supply issues for families"

"there are more people more families that are choosing to rent even if they can stretch themselves to get that slightly unaffordable home they're choosing to rent because it's actually a better economic decision for them and I think that trend is going to continue"

"I personally think it's not going to work out that way I do think eventually whether because of health issues Financial issues or perhaps mortgage rates come down to the 5 and 5 a half% range then maybe more Boomers who are thinking right now give market conditions that they're going to AG in place will choose to do something else and that will free up some Supply... Boomers will sell more of their homes than they will right now this is I think we're probably close to the low point and we'll start to see it tick up but... the evidence points to that we are probably going to see Boomers hold onto their properties longer than we are expecting"

"I was thinking that this might be a really appealing option to certain Baby Boomers who want to age in place... I think it might be an interesting Dynamic that plays out in the next couple of years"

"personally I've started looking a bit at single family rentals particularly in good school districts because I think these are going to have good solid rent great vacancy R rates and rents are probably going to grow over the next couple of years"

"personally I don't think it's going to happen... the idea that they're all going to sell at one time in a way that it would flood the market with too many homes for buyers honestly has zero evidence and in fact the evidence points the other direction right the evidence points to that we are probably going to see Boomers hold onto their properties longer than we are expecting"

"I do think eventually whether because of health issues Financial issues or perhaps mortgage rates come down to the 5 and 5 a half% range then maybe more Boomers who are thinking right now give market conditions that they're going to AG in place will choose to do something else and that will free up some Supply"