Boomers ignoring conventional housing wisdom

Photo from telegraph.comBy Jann Swanson | Mortgage News Daily

Oh those Baby Boomers. Even as they age they don’t retire, at least not from the public stage. This week those over age 55 were the subject of Freddie Mac’s Insight report.

Freddie Mac Chief Economist Sean Becketti says the conventional wisdom is that Boomers, those born from the time World War II ended through 1964, are like Peter Pan, they refuse to grow older, not retiring but launching instead second and third careers, shunning senior centered communities in favor of aging in place or moving into center cities. “It seems like,” he says, “you have to be a lot older these days to be a senior citizen.”

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

Beazer rejects buyout proposals

By Leah Draffen | Builder Beazer Homes has rejected Dream Finders Homes’ all-cash offer. The Alanta-headquartered builder confirmed that its board of directors, with the assistance

Read More »

Former State Farm regional HQ to be redeveloped

By BisNow California-based Panattoni Development Co. bought the former State Farm regional headquarters campus in Tempe for $37.5M, AZ Big Media reported.  The developer gained unanimous approval from the Tempe City Council to redevelop

Read More »