Comments on: The Baby Boomer Real Estate Habbits

By: koosh ball

koosh ball — Tue, 21 Sep 2010 14:21:43 +0000

…

Cheers for the data. Significantly appreciated….

By: Will There Be Jobs When The Boomers Retire

Will There Be Jobs When The Boomers Retire — Sun, 31 Aug 2008 04:28:59 +0000

Will There Be Jobs When The Boomers Retire…

Thanks for this post!…

By: Deon Swiggs

Deon Swiggs — Sat, 02 Aug 2008 02:18:31 +0000

Your right. WW2 has had a huge impact on the world and the ripple effect is going to be felt in the upcoming years. I agree with you about our trade shortage. New Zealand does have a problem here. I am in the age group of people who are just starting to qualify and graduate and more than half of my friends that do that are going over seas to work. Most of them head over to Australia for better jobs etc. “Even I have considered it to make a quick few thousand”. But at the end of the day it all comes down to money. Money controls peoples emotions and what they do.

One thing that Australia do well is their immigration policy. Where we have an aging population Australia has a population that is getting younger because of their policy to allow young skilled workers in.

Will be an interesting time ahead.

By: Sharon James

Sharon James — Sat, 02 Aug 2008 01:38:03 +0000

These issues are mirrored throughout the world and involving every country that played a part in WWII. In New Zealand we also have a huge skills shortage and as more of the ‘Boomers’ retire it is only going to become worse. One would wonder if the Government is planning to address these issues, perhaps doing more (something!) to encourage our newly skilled graduates to remain in the country and/or allowing qualified immigrants in – and recognising their qualifications so they don’t end up driving taxis or serving hamburgers.

By: Deon Swiggs

Deon Swiggs — Fri, 01 Aug 2008 08:41:18 +0000

Thanks Peter.

By: a-view-from-the-bottom

a-view-from-the-bottom — Fri, 01 Aug 2008 03:37:35 +0000

As always, just enjoy your blog

By: Deon Swiggs

Deon Swiggs — Fri, 01 Aug 2008 03:20:31 +0000

Yes My thoughts on this longer term are of probably somewhat different to some but I believe what could happen is until the baby boomers are forced due to ill health and other things they will hold onto their properties. And I agree with what you say that the baby boomers will remain workers till possibly thei 70′s. But I think it will be an interesting time for all of the economy when the baby boomers from that generation do start downsizing, when they start I imagine there will be a huge influx.
It could be a good time to invest in a retirement home.

By: Alistair Helm

Alistair Helm — Thu, 31 Jul 2008 17:39:12 +0000

Deon,

You make some very relevant comments. This bulge in population will have serious impact not only on demand for property in general, but also the type of property – especially in regard to baby boomers downsizing.

Despite this I think there is a very important note to make in regard to the baby boomers. Unlike their parents this generation is very unlikley to ‘retire’ in the sense of what their parents thought of as retirement – they either as a function of the circumstances you highlight above or by default of their desire to ‘never grow old’ they will likely remain within the army of eaners well into their 60′s and potentially 70′s – this will be an impact that will change many peoples view of these issues.