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Real Estate
Reply to "Boomers can’t downsize "
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[quote=Anonymous]Here is a big part of housing problem. Boomers including me can’t move due to home prices shooting through roof in places we want to retire. Rehoboth Beach I like, Hamptons I like, Beach place North Carolina or South Carolina I like it maybe a lot place in a good part of Florida. But prices those places are through the roof!! Way more appreciation than my DMV house the last three years. And taxes way up on selling and buying homes and retirement places often have HOA fees. I was shocked at Rehoboth prices when I was there last month. One bedroom condos by beach are price of a whole nice house by beach just 5 years ago. And Florida I visited there my friends 495k house bought in 2016 is now 825k. To be honest it is crappy and his neighbor the nice homes are now 2 million!! 2 million for Florida!! [/quote]
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