This topic is worth some research. I believe the boomers are in for a rude awakening, as their #1 retirement fund (their home) will not fund their retirement after all. No more reverse mortgages when the credit bubble contracts. The recession will wipe out 1/3 or more of their stock portfolios (and who knows when that portfolio will recover?) Part-time work and scrimping will replace the cozy union pension lifestyle. So will some of those folks consider moving someplace cheaper? I think the decision will be a pull between being close to kids/grandkids/friends and living someplace they can afford to live comfortably. Maybe you can do some research on this (google) and report back. Interesting possibility.
