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originally posted by: lakenheath24
Except in this scenario...populations are decreasing so those business investments wont necessarily come. Ergo the second link that shows young peeps moving away from these affected areas. After all they gotta move.to where the jobs are, no?
So in effect, these large communities could become ghost towns with no liquidity for quite some time. Especially given the newer gens are about renting vs owning.
a reply to: Fallingdown
Interesting article on the potential housing situation over the next 2 decades. Boomers own 25% of for sale homes in the US and its predicted that some 21 million homes will be on the market over those coming years as boomers peg it....but mostly in areas that young peeps dont care about.