Aging Baby Boomers Are Expected to Have an Effect on the Housing

Multiple Choice

Aging baby boomers are expected to have an effect on the housing market because

A) they have retirement money to use to get out of apartments and into large homes.
B) they tend to buy large vacation homes to accompany their primary residences.
C) older people often downsize their housing by moving from larger homes into smaller homes.
D) they have reached the age where the government will subsidize mortgages valued over $500,000.