Was the Housing Collapse just a Warning Shot?

Guest Blogger

Tinus Swanepoel

By Tinus  Swanepoel, Real Blogging -It has been five years since the height of the market, and the housing industry is still trying to fight its way out of the downturn. The recession and unemployment have already placed severe pressure on homeownership rates and now the industry may actually be facing another major hurdle.

Here’s the problem. Baby boomers are getting older. Generation Y is now approaching the age in which Boomers bought their first home. Yet Generation Y doesn’t attach the same value as Baby Boomers do to owning a home. So what happens if they don’t buy – at least, not in the same numbers?   Read more: http://realblogging.com/tinus-swanepoel/was-the-housing-collapse-just-a-warning-shot/#ixzz132C52jhA

Jeff Sorg

About the Author

Jeff Sorg is a co-founder of OnlineEd®, a Web-based vocational school founded in 1997 where he also serves as Corporate Secretary, Chief Operating Officer, and School Director. Sorg holds vocational instructor licenses in Oregon, Washington, California, and Nevada and has authored numerous pre-licensing and continuing education courses. Sorg was awarded the International Distance Education Certification Center's CDEi Designation for distance education in 2008. OnlineEd® provides real estate, mortgage broker, insurance, and contractor pre-license, post-license, continuing education, career enhancement, and professional development and designation courses over the Internet.