I wasn’t saying that every person over the age of 55 in the US is tomorrow going to put up their house for sale and move to Florida.
But there is going to be a big percentage that have to downsize due to lack of retirement savings or other less dramatic factors (they simply don’t need or want these big homes anymore), even if its rural dominated states like your basing your argument on where cost of living is much lower.
What I'd like to know about what you said...
If Mr. Boomer sells to the illegal aliens in Indiana, and moves to Florida, buys retirement home cash, has a huge nest egg left over...Didn't the prices go up in Florida like his home did in Indiana?