Originally Posted by
percy
I sometimes do not explain my thoughts clearly.Sorry.
Yes property prices are falling.
So will property prices falling,or a slow down in the property market affect the retirement sector?
I very much doubt it.
Both RYM and SUM are on record of saying the rise and fall of the property market has had no affect on them over the past 20 or more years.Think about that.I think they would know.
They are also on record as saying demand is driven by lifestyle decisions.These lifestyle decisions are made for a number of reasons,;
A partner having a health scare or dying.
Security,
Care.
Companionship.
So worry about the property market is just that, worry.
In the meantime us oldies are getting older.I guess everyone else is too.Property prices going up or down is not going to stop us ageing?