1313: Mortgage Payments, Buying Power & Generational Differences Between Gen Y & Z with Millennial Marketing Guy Jeff Fromm
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Jason Hartman starts today's episode discussing improved home purchasing power for consumers. Shifts in median mortgage payments has created opportunities for buyers and investors.
Then we have the first part of Jason's talk with Jeff Fromm, the Millennial Marketing Guy, about the differences between Gen Y and Gen Z. While the two generations are close in age, they are incredibly different when it comes to advertising and habits, so it's crucial that you understand the difference in the two.
[4:24] The coming McMansion issue
[7:06] One of the High 5 metrics Jason looks at is the median mortgage payment
[11:35] Home prices are actually 42% below their 2006 peak when factoring in consumer house buying power
Jeff Fromm Interview, Part 1:
[20:35] Gen Z are NOT Millennials to the 2nd degree. They're more like Gen X
[24:07] Some of the big differences between Gen Y and Gen Z