Big baby boomer sell off and real estate
I'd be curious of people's opinions of the affect on the real estate market do to the $30 trillion transfer of wealth about to happen. Over the next 20+ years we have baby boomers retiring and as they are now starting to reach 70 1/2 they are forced to pull some withdrawals out of their retirements.
This would be money leaving the stock market which would cause many stocks selling which through supply and demand can cause stock prices to go down. Many in the financial world make money of managing the money and they'd have less in fees which may cause them to sell.
Prices going down could cause people to panic some and start selling. Baby boomers are aging so they are going to start putting homes on the market in supply plus go to assisted and nursing homes.
The younger generation is often renting and not choosing to buy and reports say they don't have money saved.
The housing and college loan bubble ad to this huge demographic shift. If lending tightens it could have a compounding effect.
A lot of these shifts and bubbles are possibly in the trillions and just want to know what people's thoughts are as far as how big this could happen?
I've been in the biz since 2002 and pretty much predicted it all easily 1 year before the last crash, love to hear others thoughts on what we may see.