Quote:
Originally Posted by ardecila
GenX is smaller overall and so far they have not shown the same interest in pricey downtown real estate. Not sure if this is because they don't want it, or because they aren't as financially secure as the Boomers and can't afford a second home.
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A second home? I'm almost 48 and I can barely afford my first home. If someone gave me a free downtown condo right now I would sell it, I couldn't afford to keep it.
Everyone I know my age is in the same boat. The few that are doing better than me are pouring their savings into their startup business, not real estate.
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