Boomer Bomb

[Peace]

I also think that many of the baby boomers bought homes to get into the good neighborhoods and good school districts knowing full well that they did not want to “carry” the big house with big costs into retirement.
It was part of their “retirement plan” to sacrifice while raising the kids and make up for it later by cashing out.
But like I said in earlier post, many baby boomers have been cashing out all along the way (equity loans) and didn’t count on not being able to cash out.
The best thing some state could do right now is to make retirees offers they can’t refuse. This is how I see it, revive some of the dying urban areas and offer very nice small condos or cottages within walking distance to all amenities and great public transportation to and from adjacent metropolitan areas that offer state of the art medical facilities.
And, of course low, low taxes

[blahblahblah]

Also, don’t forget that the boomers will soon start withdrawing from their 401Ks to make ends meet. This will be a lot of new sellers in the stock market over the next few years. Not to worry, I’m sure our illegal immigrants will buy up everything they’re selling! Those strawberry pickers and vineyard workers buy a lot of stocks and mutual funds, you know…

[blahblahblah]

Also, don’t forget that the boomers will soon start withdrawing from their 401Ks to make ends meet. This will be a lot of new sellers in the stock market over the next few years. Not to worry, I’m sure our illegal immigrants will buy up everything they’re selling! Those strawberry pickers and vineyard workers buy a lot of stocks and mutual funds, you know…

[blahblahblah]

Also, don’t forget that the boomers will soon start withdrawing from their 401Ks to make ends meet. This will be a lot of new sellers in the stock market over the next few years. Not to worry, I’m sure our illegal immigrants will buy up everything they’re selling! Those strawberry pickers and vineyard workers buy a lot of stocks and mutual funds, you know…

[blahblahblah]

Also, don’t forget that the boomers will soon start withdrawing from their 401Ks to make ends meet. This will be a lot of new sellers in the stock market over the next few years. Not to worry, I’m sure our illegal immigrants will buy up everything they’re selling! Those strawberry pickers and vineyard workers buy a lot of stocks and mutual funds, you know…

[blahblahblah]

Also, don’t forget that the boomers will soon start withdrawing from their 401Ks to make ends meet. This will be a lot of new sellers in the stock market over the next few years. Not to worry, I’m sure our illegal immigrants will buy up everything they’re selling! Those strawberry pickers and vineyard workers buy a lot of stocks and mutual funds, you know…

[macmichael]

Another perspective

We are leading edge of BB’s. Professionals, both still working, by choice, but moving to part time. Seriously looking to sell in Spring. With a very good amount of equity still intact.

My analysis – prices are years from recovery to 2005 / 2006 levels even in the best of hoods. Easy to get 7.5% + in safe investments. So makes way more sense to sell, rent and put equity out to get a good return.

Probably about 1 – 2 years left in SD and then split time between Palm Desert and Oregon. SD too expensive, too much traffic and so on. I will enjoy coming back over the mountains for several days at a time, but living here all the time – no. There are just way more options. possibilities and adventures to persue.

Conversely we will continue to hold rentals we own in SD as long term rents will keep on climbing. Even thinking of buying some additional rentals as prices / ROI is starting to make sense again.

[macmichael]

Another perspective

We are leading edge of BB’s. Professionals, both still working, by choice, but moving to part time. Seriously looking to sell in Spring. With a very good amount of equity still intact.

My analysis – prices are years from recovery to 2005 / 2006 levels even in the best of hoods. Easy to get 7.5% + in safe investments. So makes way more sense to sell, rent and put equity out to get a good return.

Probably about 1 – 2 years left in SD and then split time between Palm Desert and Oregon. SD too expensive, too much traffic and so on. I will enjoy coming back over the mountains for several days at a time, but living here all the time – no. There are just way more options. possibilities and adventures to persue.

Conversely we will continue to hold rentals we own in SD as long term rents will keep on climbing. Even thinking of buying some additional rentals as prices / ROI is starting to make sense again.

[macmichael]

Another perspective

We are leading edge of BB’s. Professionals, both still working, by choice, but moving to part time. Seriously looking to sell in Spring. With a very good amount of equity still intact.

My analysis – prices are years from recovery to 2005 / 2006 levels even in the best of hoods. Easy to get 7.5% + in safe investments. So makes way more sense to sell, rent and put equity out to get a good return.

Probably about 1 – 2 years left in SD and then split time between Palm Desert and Oregon. SD too expensive, too much traffic and so on. I will enjoy coming back over the mountains for several days at a time, but living here all the time – no. There are just way more options. possibilities and adventures to persue.

Conversely we will continue to hold rentals we own in SD as long term rents will keep on climbing. Even thinking of buying some additional rentals as prices / ROI is starting to make sense again.

[macmichael]

Another perspective

We are leading edge of BB’s. Professionals, both still working, by choice, but moving to part time. Seriously looking to sell in Spring. With a very good amount of equity still intact.

My analysis – prices are years from recovery to 2005 / 2006 levels even in the best of hoods. Easy to get 7.5% + in safe investments. So makes way more sense to sell, rent and put equity out to get a good return.

Probably about 1 – 2 years left in SD and then split time between Palm Desert and Oregon. SD too expensive, too much traffic and so on. I will enjoy coming back over the mountains for several days at a time, but living here all the time – no. There are just way more options. possibilities and adventures to persue.

Conversely we will continue to hold rentals we own in SD as long term rents will keep on climbing. Even thinking of buying some additional rentals as prices / ROI is starting to make sense again.

[macmichael]

Another perspective

We are leading edge of BB’s. Professionals, both still working, by choice, but moving to part time. Seriously looking to sell in Spring. With a very good amount of equity still intact.

My analysis – prices are years from recovery to 2005 / 2006 levels even in the best of hoods. Easy to get 7.5% + in safe investments. So makes way more sense to sell, rent and put equity out to get a good return.

Probably about 1 – 2 years left in SD and then split time between Palm Desert and Oregon. SD too expensive, too much traffic and so on. I will enjoy coming back over the mountains for several days at a time, but living here all the time – no. There are just way more options. possibilities and adventures to persue.

Conversely we will continue to hold rentals we own in SD as long term rents will keep on climbing. Even thinking of buying some additional rentals as prices / ROI is starting to make sense again.

[Author]

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