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<blockquote data-quote="Dr. Howard" data-source="post: 1259123" data-attributes="member: 2271">Its happening already. I just moved out of an area where homes under $180k get listed for 1 day before being sold, newer/new construction homes also go under contract quickly. Huge houses built in 1989 go on the market for high asking prices and just sit there. The prices don't drop because the residents don't have to move anywhere and no one is really interested in the house, for the price they are asking.I think that these mcmansions are going to be inherited by grandchildren. It could be a a gift to millenials IF these houses are maintained and not neglected while the current residents run out of cash, and the physical ability to maintain the home.Alternatively, there are also a number of these businesses appearing that will buy an interest in your home and let you live in until you die. They will then turn the house into a rental.&nbsp; Either way, I'm sure they aren't offering top dollar.If I were a millennial today, I would be looking to take advantage of the opportunities being presented by an aging population, with few children. Senior citizens have become invisible as they don't use social media, but are holding onto physical wealth. If a gen-z'er finds a way to build a network and friendship with these people, who have no children, you could find yourself in a good position beyond just the wisdom they have to offer.</blockquote>

[QUOTE="Dr. Howard, post: 1259123, member: 2271"] Its happening already. I just moved out of an area where homes under $180k get listed for 1 day before being sold, newer/new construction homes also go under contract quickly. Huge houses built in 1989 go on the market for high asking prices and just sit there. The prices don't drop because the residents don't have to move anywhere and no one is really interested in the house, for the price they are asking. I think that these mcmansions are going to be inherited by grandchildren. It could be a a gift to millenials IF these houses are maintained and not neglected while the current residents run out of cash, and the physical ability to maintain the home. Alternatively, there are also a number of these businesses appearing that will buy an interest in your home and let you live in until you die. They will then turn the house into a rental. Either way, I'm sure they aren't offering top dollar. If I were a millennial today, I would be looking to take advantage of the opportunities being presented by an aging population, with few children. Senior citizens have become invisible as they don't use social media, but are holding onto physical wealth. If a gen-z'er finds a way to build a network and friendship with these people, who have no children, you could find yourself in a good position beyond just the wisdom they have to offer. [/QUOTE]

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