Baby Boomer Retiring

That is assuming that they will retire and stay out of the work force. I know many senior citizens over the retirment age who continue to work. If they do retire and stay out of the work force then yes it will open up a lot of jobs for the next generations. I don't think technology will replace them all or fil in the gaps. Just not possible yet although it might make it so they don't have to hire as many but even that I don't see. I live in an area with a lot of senior citizens, property around here as been rising steadily for years. The house we have now to buy would cost three times as much so I doubt it will cause prices to go down.

I think there will be way more jobs for young people. In Canada (I see you live here too) we're already feeling the pinch for workers. I live in Manitoba and my husband is an employer and he's already had 3 people quit in the last month. there is lots of turnover because there are lots of jobs. Technology will help but you need to hire people who understand the technology. I have no idea how the baby boomers dying off will affect real estate. Interesting question though. i'll have to think of it and get back to you.

Well, I am a baby boomer, just about in the middle, 1955 and I will not be retiring for a long time to come I'm sure. I also don't own a home at this time so that won't effect anyone (although I am in the process of attempting to purchase a home). I really don't think the baby boomers retiring will have a huge effect because of the fact that although there will be more homes for sale there are also more people looking for homes and the cost of everything has risen so much that no matter how many boomer homes that go up for sale they will still draw a good price. As for jobs - technology is replacing people every day and there are millions of people looking for jobs so that should help.