Your Next Landlord a Flower Child?
reports that the Boomer generation is scooping up housing at reduced rates. Why not? Home prices are sinking and mortgage rates are low. It's the perfect time to snag that vacation home or retirement dwelling.
Could a Baby Boomer wind up being your next landlord? Quiet possibly. Newsweek states that "roughly one out of every four baby boomers owns either a vacation home, land, or a rental property in addition to the home that they live in." Some have no plans to move in immediately and therefore might end up as your landlord.
If so, lucky you. Here is a script you can use to get in good with your flower-power landlord...