Wednesday, December 3, 2008

WSJ: Boomers relocate to retirement homes and cemeteries

The Future for Home Prices - WSJ.com: "Dowell Myers, a professor of urban planning and demography at the University of Southern California, warns that the retirement of boomers over the next two decades is likely to depress house prices in many areas. As boomers relocate to retirement homes and cemeteries, there will be a lot more sellers than buyers in parts of the country, he says."