All Topics / General Property / THE BIG SHIFTERS

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  • Profile photo of 50mill50mill
    Participant
    @50mill
    Join Date: 2003
    Post Count: 91

    Will there be a significate amount of babyboomers who decide to stay put and not move to coastal/seaside or any where over the next 10 years?
    If so why or why not? and what opportunities could be realised here with the NON-MOVERS? Ha Ha (i like that term sorry!!)
    Are we near the end of the Babyboomer move?

    Sorry if this has already been addressed somewhere in this forum..[baaa][baaa]

    Profile photo of enduserenduser
    Member
    @enduser
    Join Date: 2003
    Post Count: 74

    Valuers who write about these things say this:

    There is a long-term push to move to the coast, it has years to go. But well located inner city (up to 8km radius) will do well too. Places that those who can’t afford coastal retreats go to will also do well. The zone to suffer in a couple of years or so are the broad swathes of middle suburbs.

    This is based on demographic trends but major monetary shocks of one sort or another can overlay all this.

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