Downsizing- Baby Boomers

 

downsizing

According to a poll taken in 2012, more than 40% of Americans ages 50 to 64 plan to move within the next five years or so. This study is reported done  by the Demand Institute, which is jointly operated by the Conference Board and Nielsen Co. These numbers are interesting, since typical AARP polls indicadte 3 out of 4 people say that they plan-to-age-in-place.  One of the key reasons to move is the realization that the house is too big, and the McMansion is passe.

But, whatever the numbers,  the problem is that the McMansion is filled with boxes, pictures, memories. Taking apart that stuff is emotionally painful. For Boomers, the decision to downsize is not only a financial one, but also one of coming to terms with the accumulation of a lifetime.  De-evolving the McMansion is going to be a national sell-off…of both homes and what is in them.

http://online.wsj.com/articles/why-the-market-for-heirloom-and-secondhand-furniture-has-disappeared-1404256129?KEYWORDS=downsizing