Less affluent Boomers plan to upsize for retirement

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November 03, 2014

The non-advocacy, non-profit think tank Demand Institute reported that their studies found less affluent Boomers plan on spending more on their next home, MarketWatch reports.
 
Among these so-called upsizers, many have delayed plans to purchase their dream home due to the recent economic downturn. The median price of a home this group plans on purchasing will be $180,000; for the more affluent downsizers, the median price will be $200,000.
 
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