Dil Gillani Contributes to Staten Island Advance Article: Baby Boomer housing bust: Will Staten Island Market Suffer?
Posted by Dil Gillani on
In this past Sunday's Staten Island Advance, our very own Dil Gillani said a brief few words to SI Advance writer Tracy Porpora and contributed to their article titled Baby Boomer housing bust: Will Staten Island Market Suffer?
The article talks about how all the baby boomers that kept the housing market alive for so long are now moving into retirement - and how the following two generations are in no way prepared to keep the housing market up and running like the baby boomers did. Generation X was hit hard by the recession, and the Millennials are swamped with student loans and credit card debt.Â
As a result, the sales of higher end homes are suffering because most of them were previously owned by baby boomers. In the article Dil GIllani says "We…
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