How Long Can Destin Home Buyers Expect Low Mortgage Rates to Last?
Posted by Destin Real Estate Sales on Monday, January 9th, 2012 at 1:47pm.
1 Response to "How Long Can Destin Home Buyers Expect Low Mortgage Rates to Last?"
Sid wrote: The reason for the Bull mreakt from 1982 till today is the largest population (Baby Boomers )putting 401K money into the stock mreakt. Around 2010 is when Boomers will start to need their money. Wall Street does not have a large source of funds to replace the Boomers as Generation X is half as large and twice as broke. The whole Bush plan to save Social Security without raising payroll taxes was to save Wall Street just as they would be losing Boomer funding. The mreakt will go down around 2010 (plus of minus a few years) and stay down for a decade, until Generation Y, which is larger than Boomers, come into their prime working years and start placing their money into Wall Street. This will not happen if Social Security money is diverted into Wall Street coffers, as that would begin another Bull mreakt. Posted on Thursday, November 29th, 2012 at 10:23am.