Are we forgetting the boomers that will be selling? California, San Diego in particular, is a little too expensive for those on a fixed income. I see some of them selling and moving in w/kids in their McMansions, moving into smaller places, 55+ places, retirement communities, Palm Springs, Arizona, Florida, eventually nursing homes, etc.
I think most will need to sell, use the money to help w/med care, alike. Those who pass on who didn’t sell will leave their homes to the kids who will sell and split money. Kids will need $$$ to help pay for their own places.
I forget where I read the HUGE number of boomers, which easily exceed the X, Y gen.
