Boomers are downsizing, starter homes are easier for investors and contrary to social media complaints the younger people are buying houses up just fine aswell; at age 25 the rate of home ownership is high for genz than it was for the boomers at 25. With all this the more affordable starter homes are more rare than say a 4 bed 3 bath. So we have those trying to get their first home struggling against interest rates and rising prices and mass competition. So we need young gen x and older millennials to sell their starter homes and buy bigger. Problem is they are childless at a higher rate than most generations so don’t need the bigger house. Those interest rates keep them trapped in their starter homes they’d otherwise sell, the term “golden handcuffs” is being used a lot because many have interest rates around 2-4% and won’t do the current rates for a new/bigger house. Not to mention their starter home now makes a great rental. As a young millennial our reality is: if you bought before or early covid you won. If you didn’t you lost. Fortunately me and gf were investing before covid so we had 3 houses go up in value which is making it easy to buy a fourth via equity loans while many of my peers don’t own or bought so late in covid that they missed the rapid appreciation we got. They now are scared to buy because they are hoping for a crash which is just self defeating. Good luck gen alpha, we all have every intention to eat you alive when you’re an adult in 5 years. Learn construction skills because buying garbage and fixing it is your best bet

Tell us why?

😂😂😂

Perhaps the market in your local area is different from the national average, but all the data I’ve seen shows relatively flat rent growth on a national level. If you have data that shows otherwise please share.

@@davidmeyer1101 we have an unprecedented influx of people moving here from out of state due to the low cost of living here. Couple that with unprecedented growth and housing shortages, and landlords are taking full advantage. Baldwin County Alabama... look it up.