Boomers, Millennials, and the McMansions No One Wants
As baby boomers look to downsize out of their suburban McMansions, a generational showdown is looming: Millennials might be coming into their own as the nation's biggest group of first-time home buyers, but they aren't exactly lining up with bids in hand for those large, expensive homes in the sleepier suburbs. Instead, they're looking for a different kind of home—the same ones, in fact, that the empty nesters are looking to buy. It's a battle of the millennials vs. baby boomers playing out in the nation's suburban housing markets.
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