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Are Boomers keeping Millennials OUT of the housing market??
Manage episode 376871821 series 3067234
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OK Boomer... so it's all your fault? Millennials say that they don't they will EVER afford a home... why? A recent study suggest that the buying habits of the Boomer generation may be in part to blame! Mortgage demand stalls at a level not seen since 1996!! Is this the start of a housing recession?? Will that help the affordability crisis??
Rents keep going up but recent news suggest that they may have peaked as some landlords are offering concessions.
And home prices are still going up but sellers are still skittish. Also we will talk about the MLS cyberattack and the average monthly mortgage payment rising above $2,000!! All of that and MORE on today's show!
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