Trends....................................

 

.........................................in the housing market (and other worthwhile stuff to think about).

There are 70 million baby boomers and they control something like $70 trillion in assets. We’re looking at 10-15 years of boomers buying places in Florida, Arizona, the Carolinas and other warm destinations.

Most of them have paid off mortgages and an obscene amount of home equity. Good luck betting against this trend.

Editor's Note:  There is nothing obscene about home equity.