John Grace - There Goes the Neighborhood (K0417)

John Grace, President, Investor’s Advantage Corp. discusses a trend in housing that suggests that “bigger is not better” for the future.

Transcript: 

John: All of us bought the big house in the same 20 year period. Well, let’s see, that means that the eldest of the Boomers are 68, the youngest is 50, what’s going to be next? Is it reasonable, in your opinion, that if we roughly bought all of the big houses on the big lots in the same 20 year period that we might be getting out of those houses, for various reasons, in a similar timefram [...]