Besting: Empty Nesting is so Yesterday
New book describes the new Better Nesting: Besting trend by Boomers shifting the US real estate market toward: Condo Hotel, Fractional and Timeshare.
Birmingham, MI (PRWEB) October 23, 2007 -- Bob Waun accurately predicted the disastrous subprime and zero down payment mortgage effects in a July 2005 Chicago Tribune article. Now his latest book "Besting: Better Nesting" predicts that the housing slump is actually the beginnings of a mass migration by the baby boom generation, maybe to new forms of real estate ownership.
"78 million US boomers, and 200+ million boomers worldwide are beginning to compete for rare-air vacation real estate. The second home market is a bright spot in the real estate business."
'Besters' are buying better nests, not downsizing for retirement, this is a dynamic shift in lifestyle expectations for retirement. "Besting or Better Nesting: between Empty Nesting and the Old Age Home" details the economic and social forces behind the second home real estate markets in the US for the coming decade.
78 million people can't all buy the same parcels of real estate. A trend toward shared ownership, fractional, condo hotel (condotel), timeshare and destination clubs are just the beginning of this property evolution suggests Waun.
Besting offers a bold and sweeping picture of the future of second home ownership and the real estate markets at large.
"Not my parent's retirement ... a visionary and insightful read on real estate expectations of an aging nation," said Dante Alexander, President of the National Association of Condo Hotel Owners.
This is a must read for anyone interested in the real estate or resort and vacation ownership industries in the coming decades.
To order a copy of the book visit www.BetterNesting.com
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See the original story at: http://www.prweb.com/releases/2007/10/prweb562988.htm
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