Boomers Bought Up the Big Homes. Now They're Not Budging.

[Johnny2X2X]

37. There's more money for builders in larger homes

They can't turn as big a profit building starter homes.

And 1/2 acreis a big yard. We have 1/3 an acre and it's big for us. I think the homes many in Gen X and earlier grew up in were normally on 1/6th an acre.

People will do what's best for their situation. My retirement plan is to have a paid for house and stay in it as long as we can take care of it. 2500 square feet is just right for us and we worked hard to remodel our home, it's worth double what we paid for it in 2017. That's kind of the dream for millions of people, live in your own home as long as possible and hopefully until you die. I don't expect Boomers to be any different than me in that regard. My parents could no longer take care of their yard, so they sold and moved into an apartment. Friend has a mom in her late 80s who is still in her house and manages just fine.