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TomC · 11-06-2006, 07:22 PM

There is a certain theory in the market that baby boomers, as they retire, will continue to drive demand for properties in "recreational" areas, ie along golf courses, bodies of water, ski areas, etc. They have the money and the idea is that they will dispose of their conventional suburban residences and acquire resort properties, thus supporting the prices of this more rare type of property. If this is indeed the case we may not see much erosion of lakefront properties as this is obviously in shorter supply than a generic house in a generic neighborhood...

what do you think?

11-06-2006, 07:22 PM	#19
TomC Senior Member Join Date: Apr 2004 Location: Lakes Region Posts: 679 Thanks: 21 Thanked 93 Times in 62 Posts	Boomer's driving demand? There is a certain theory in the market that baby boomers, as they retire, will continue to drive demand for properties in "recreational" areas, ie along golf courses, bodies of water, ski areas, etc. They have the money and the idea is that they will dispose of their conventional suburban residences and acquire resort properties, thus supporting the prices of this more rare type of property. If this is indeed the case we may not see much erosion of lakefront properties as this is obviously in shorter supply than a generic house in a generic neighborhood... what do you think?