My generation is at it again.
We’re rapidly changing the way America operates. We’ve been doing it since birth and we’ll probably be doing it right up to our funerals.
We’ve transformed every institution we’ve been a part of so far. From schools, [tag-ice]rentals[/tag-ice] and McMansions.
Back when I was in elementary school, there were so many kids, some of us were put in the basement of a dorm at David Lipscomb Elementary. (We were on a college campus).
I spent the 5th and 6th grades literally watching feet all day long from our subterranean classrooms.
But my class was lucky. Another one of the 6th grades was in a closet with no windows.
Conditions at Sunday School weren’t any better.
Again, we were put deep down in the church basement ( a storage room) without windows. ( 4th and 6th grades).
So I was underground for at least two formative years of my childhood.
I thought I had died and gone to heaven in the 7th grade when we finally got into a portable- above ground.
What’s my point?
We’ve always had an element of surprise about us. No one, or any institution, was prepared for us. In retrospect that was just plain stupidity.
What did they expect after the War? Apparently, not the stork.
So what’s next?
Retirement, of course.
Will we be playing golf?
What about taking care of our parents? Or grandchildren?
Sorry, Mom and Dad, Catlin and Josh. You’ve been put on the back burner.
So exactly how will we be spending our “golden years”?
The Wall Street Journal has a very interesting article about the new niche retirement options.
Pay close attention to this because it’s important.
People will be cocooning based on shared interests. My guess is this trend will probably spread to real estate investments for all age groups, not just the [tag-tec]baby boomers[/tag-tec].
How will it affect your rentals, rehabs, and general investments?
Could you gear your [tag-self]rentals[/tag-self] toward a certain interest group such as , heaven forbid, dog owners and cat owners? Gardeners? Bird watchers?
You can come up with your own list limited only by your imagination. (As long as you don’t discriminate).
And try not to mix the bird watchers with the cat owners.