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A little-noticed shift is taking place between the front-end of the baby boomer generation that wants to downsize, and younger households (many of them Hispanic) that want to take their place. Except that there are probably many more of the former than the latter. I chat with Steve Julian on what that could mean for the housing market. Available at kpcc.org and podcast (Business Update with Mark Lacter). Transcript is after jump.
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.