Definition
The predicted housing market flood as millions of boomers simultaneously try to sell their family homes and downsize, potentially tanking prices. It's demographic destiny meets real estate economics, and millennials are waiting with popcorn.
Example Usage
Some analysts predict the baby boomer bust will create a buyer's market starting around 2030, but others think immigration will absorb the inventory.
Origin
Economic forecasting terminology that emerged in the 2010s as analysts began modeling boomer retirement patterns
Fun Fact
Counter-arguments suggest aging boomers will stay in homes longer than previous generations due to better health and 'aging in place' modifications, potentially delaying or preventing the predicted bust.
Related Terms
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