High-rise condo buyer gets younger?

At least that's the experience at Turnberry, a developer of high-rise condominium communities in Las Vegas. According to a company executive, when they first began sales at Turnberry Place in the late 1990's, the average buyer age was 62. At Turnberry Towers today the average age is in the 40s. Why is that?

For starters, the units at Turnberry Towers are smaller, and probably also more affordable, catering to a younger, second-home market. As the executive explains further, people are planning for their future a bit more and buying that second home might one day serve as their retirement property. What do you think?