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[quote=Anonymous][quote=Anonymous][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!! 
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Boomers (and anyone else) can downsize if they want to.  Where is it written that in retirement you get the same size, level of affluence etc as what you had when you working, just because you are in a certain age group?  [/quote]

I’m gen x and find your response interesting. The poster is choosing to live in the best place they can afford. So are you. So is everyone. No one complaining about boomers is structuring their life to make sure that they don’t have a big house in retirement for the purpose of making sure it’s on the market for a younger person to buy.

You might choose to downsize, but it won’t be because you feel you have a moral obligation to give up your house to a younger buyer. And you will sell it at the highest price you can get to maximize your profit. I doubt you are making any of your housing choices based on whether other families would benefit from you buying or selling. If no one is entitled to anything then no one is entitled to pressure a person of a certain age to make their home available to the market.

If someone suggested that you decline to bid up a house you wanted because it would drive up the cost of homes in the area, you would stand on your entitlement to pay what you can afford to get the house you want, regardless of the affect on the market. 
 [/quote]

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