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Corporations will be buying these homes if the young men don’t. Will always be a demand.

@shanerogers9386

2 ай бұрын

Wonder if something will start happening to every single home that is owned by any corporations?

@harrymills2770

2 ай бұрын

What will they do with them? Rent them out? To whom? For a reasonable return on investment, they'll have to charge huge rents, which young people will not be able to afford.

Great subject! This has been a gut feeling of mine ever since I have been seeing the dramatic increase in home valuations over the past decade and income stagnation, the corporate head chopping, the recent interest rate hikes and overall student debt hobbling a sector of the population most in need. I am in the tail end of the BB generation and wonder about the "great die off" and potential of it eventually affecting future real estate pricing. As far as I can see this situation has become entirely upside down. I don't trust the financiers positive outlook for the future, after having gone through the "Great Recession" and the positivity in the markets leading up to it. Ever since the Dot Com bubble it has been just on thing after another; yet the usual business indicators seem to paint a rosy picture of the state of corporate America while the population at large are chasing pig and chickens.

It depends on how successful the institutional investors who drove the prices UP will be with those purchases. I sold my old home and bought my new home at very inflated prices, so I sort of got in through the cracks, but if I didn't already own a home before 2022, the inflated prices would've kept me out of the market for another 5 or 10 years. Even though I profit by increasing prices, should I choose to sell, my property taxes are a lot higher than they otherwise would be, so it costs me more to keep my current home than it would without the inflation. Personally, I hope the institutional investors like Blackrock lose their asses.

Good info. You are fine!

@CarynGardiner

27 күн бұрын

I appreciate that!

The Empire is collapsing 😇😇😇

No lower on prices I see in my area though.

Interesting theory. But singles are buying homes these days, and "household formation" isn't a prerequisite (I know this from firsthand experience btw). But I agree it is more difficult to buy a home as a single... especially if you're a layabout living in your parents' basement. I just think there's an element of moralizing and shaming with that theory. Lower prices depend on home construction, not Bob in the basement playing Halo. And Boomers aren't selling, at least not en masse. Bob will likely inherit that house. Home construction has been low for years, that's the real issue.

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Not enough supply for them to drop! Maybe in certain areas, but not everywhere. Also, you would need the rates to stay high permanently for people to not buy and for home prices to fall. But there’s a lot of money out there that’s willing to pay the big prices so they will stay high.

Makes sense from one perspective I guess.

They you say demand is high, it appears to be at record lows now

😂

Like all housing crash bros, she has her own theory lol😂 it’s not going to happen. Is Whitney so blind to see corps are buying properties and there are 10k immigrants per day?

@shanerogers9386

2 ай бұрын

What is the budget of your average illegal?

@dgreen19731

Ай бұрын

I'm in massachusetts, and even crappy areas are too high. Prices r stupid, something nee

@dgreen19731

Ай бұрын

Ds to change

Where is the information about younger, single women who have more discretionary income than ever before? Why is this only focusing on what "males" are doing? Last time I checked, single women also buy homes...

@darwingortiz7013

2 ай бұрын

What she mentioned is that young male american are in crisis and they are not buying but living on mommy's basement. God forbids she would've mentioned that young american females are in crisis. Then you would be really irritated.