Baby boomers and the golden handcuffs of real estate: Will low inventory be a trend for the next few years?

By drhousingbubble There is an interesting “wealthy gentrification” of many neighborhoods in California. I’ve seen prime spots in places like Pasadena slowly evolve into upper-class professional enclaves while “old school” owners live modestly watching their new neighbors pull into their driveways with Range Rovers and BMWs. They live in million dollar homes but their bank statements would […]

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