Sounds about right.. we're seeing the first steps toward a return of Madame Guillotine already. Reddit is flooded with populist rage subs like AntiWork. Angry populist candidates (Trump and Bernie) dominated the 2016 election cycle

The less positive view is that when boomers begin to leave the housing market, it won't release housing pressure by putting more homes on the market, but rather create a wealth transfer to their children who may just rent out the homes for more than the equivalent sale.