Raise the Hammer

That's what's so strange about Boomers Cityjoe. Who do you think the home builders are? Boomers. They know their market because they are their market. They're developing Box Stores and sprawl McMansion because that's still what Boomers are buying. That'll be the day I see a boomer on a city bus. If they do we'll have to make the Tim Hortons drive thrus bigger to accommodate.

More misleading facts about Boomers.

Claim: Boomers are retiring in massive numbers.
Truth: They're hanging on to their jobs and not letting the next generation move up. Two years ago all the talk was about where will businesses find labour, today millions of people are out of work. Most of whom are people under 45.

Claim: Boomers will downsize their homes
Truth: Boomers still love their showcase monster homes, even with 2 or 3 vacant bedrooms they're not moving. Most still have mortgages. They're the wealthiest generation yet and yet it wasn't possible to pay-off a mortgage? They'll be moving out of the suburbs feet first.

Claim: Boomers will engage in a healthy lifestyle and in retirement will take up tennis, boating and other outdoor leisure.
Truth: Boomers are not changing their lifestyle one bit. They're staying in their cars, using drive-thrus, eating unhealthy diets and spending their leisure time at Box Stores and Malls.

Claim: The Boomers will inherit the largest transfer of wealth in the history of mankind.
Truth: Yes they will, and it's a possible reason why they spend like no tomorrow, knowing they have their parents hard-earned, hard-saved money waiting for them to pay off their debts. Sadly this largest transfer of wealth will be squandered and when it's their time leave an inheritance it will like be in the form of debt, trash heaps and a massive environmental cleanup for the next generation.