I don’t understand what all these fence-sitters are waiting for. This isn’t Kansas. Do they understand how many 59.5+ year-olds everywhere have access to hundreds of thousands of dollars in cash??
For said 59.5+ year olds to either kick off naturally or be painlessly gassed to death under Obamacare? 🙂 🙂 :)[/quote]
Uhhh, spdrun, if that happened, their heirs (young Gen X but mostly Gen Y) would (prematurely) be able to give their heavily-leveraged “peers” a run for their money out there in the housing market.
Either you compete in the market with cash-laden boomers … who generally don’t want the mcmansion in lizardland that you do … OR compete with their now cash-laden heirs … who will likely be your competition :=0