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Re: Over 60s Should Be Encouraged To Downsize
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Originally Posted by Ignitionnet
Probably not, people will be wanting to move up the chain increasing supply as they vacate and demand overall will drop as people are in more suitable housing that's a better fit for their families, or just themselves as the case may be.
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Seems unlikely. The houses that are freed up will be taken up by the over 60s that downgrade. A few people will have more space to stack their kids as they upgrade, but there will not be more houses on the market. It'll just be a bit of swapping at the top end of the market.
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