Re:Chinese Buy One-Third of Vancouver Homes: National Bank E...
by rconti on Thursday March 24, 2016 @12:35PM
(#11354227)
Of note: At least in the US, baby boomers will start dying off.
What will happen to their houses? In some cases, they'll become their kids' residences. In other cases, their kids will now own TWO properties, and now they'll rent out the 2nd house, adding supply to the rental market. In still others, the reverse mortgage scumbags will own the property, and it'll add to the corporate-owned housing stock.
What will happen to their houses? In some cases, they'll become their kids' residences. In other cases, their kids will now own TWO properties, and now they'll rent out the 2nd house, adding supply to the rental market. In still others, the reverse mortgage scumbags will own the property, and it'll add to the corporate-owned housing stock.