When Baby Boomers Die Off, Will the Housing Market Die with It?

In a recent study at USC,two researchers in Urban Planing and Demography at the School of Policy,Planning and Development, concluded in their study that as the Baby Boomers die off, they could create a glut of properties on the market that housing values would be expected to decline.

They further concluded that it will create, in their own words, a Generational Housing Bubble" and for the surviving elders, their equity will shrink and would have a negative effect in their retirement nest egg.

The only positive aspect of their predictions is that it won't affect all markets- at least at the same time. They based their theory on the historical relationship of age and housing demand. As one goes up the other goes down.

What's your Opinion?