Demographics: The Downsizing Dilemma
"Boomers" are supposed to downsize to smaller homes. But the US has not built many smaller homes in most of the past 50 years.
Opinion: Practicing Factfulness based on data.
"Boomers" are supposed to downsize to smaller homes. But the US has not built many smaller homes in most of the past 50 years.
Economy: Housing problems are all due to "boomers" because they are not moving to smaller homes. Reality: The US has not built smaller homes for 50 years.
The Federal Reserve cut interest rates today, it is said, because of concerns over the job market.
The media has a meme that home prices are high because "Boomers" are not downsizing. Except those 65+ are already in smaller homes - duh!
Apparently those making a lot are financially illiterate, as their "wants" grow with their salary.
Rates are currently similar to or even a bit lower than they were for a quarter century recently.
And why we've mostly bought used vehicles, paying cash.
This story blames Republicans for high ACA health insurance premiums - even though the ACA was designed, written, and implemented by Democrats.
The "tiny home" market is so tiny that it pretty much does not even exist.