Reply to Boomers can’t downsize

Forum Index » Real Estate

Reply to "Boomers can’t downsize "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]One problem Boomers have is that they are super picky. It's pretty typical with age. But when the market is tight, you can't be that picky.

If you've been living in a house that you have renovated to your specifications several times over 40 years, it is very hard to shop for a smaller house where you are pretty much definitely going to have to accept some imperfections, especially if you don't want to go through more renovations.

My parents are currently shopping for a retirement home, but they want 3 bedrooms (but under 2k sq ft), a two car garage, all one level, and everything updated. They have a healthy budget ($1m, this is not the DMV but a similarly low-inventory, HCOL place), but they are struggling to find all that and feeling disappointed. But... that's what it's like to buy a house these days. They just haven't done it in a long time.

What's funny is that a few years back when WE were house hunting, my parents rolled their eyes at us when we expressed frustration with what was on the market. Now they get it. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics