Boomers could help fix Wisconsin`s housing market

RHINELANDER (WJFW) — While prices haven’t started falling and it’s still considered a seller’s market, the supply of houses is slowly growing as the Baby Boomer generation gets older.

David Clark, economics professor emeritus of Marquette University and economics consultant for the Wisconsin Relators Association, acknowledges the struggles of current home buyers.

“The real challenge is not on the demand side. There’s plenty of demand for housing but the real challenge is on the supply side,” he said. “There are simply more people who want to buy homes than there are homes for them to purchase.”...

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Ken Notes: For boomers to vacate the nice affordable homes they live in now, there will have to be nicer homes and communities to move into. We can do this but we need to plan and design neighborhoods that are attractive to those willing to move. Florida and Arizona Have been doing this for decades...