Jason Hartman and Adam tackle the subject of millennials in today’s episode. They might start out talking about millennials feelings and whether we should put labels on people in society, but the crux of the show is based on their cohort’s home buying habits. After years of waiting, millennials are finally venturing into the market, and their numbers might move the market but their habits definitely create some risk but also leave some wiggle room for safety.
Also, don’t forget to enter the Meet the Masters YouTube raffle to get either a free ticket to the 2019 Meet the Masters or a $500 travel allowance!
[6:10] Millennial mortgage habits are different than previous generations
[12:23] A housing shortage story from one of Jason’s older blogcasts
[18:33] The dangers of a centrally managed economy and government intervention through things like Fannie and Freddie
[22:20] If Fannie and Freddie got out of the market it would cause a huge upward pressure in rents for investors
[26:44] Millennials saw their parents go through the Great Recession, many of them losing their homes. That will impact their home purchase habits