Millennial Housing Market BOYCOTT

Selling Real Estate
Millennials BOYCOTTING the Housing Market? A new survey from Fannie Mae shows that 70% of Millennials now think it is a BAD time to buy a home – the highest share in history. Why are Millennials so pessimistic about the Real Estate Market? Likely because they fear that the Massive Bubble is going to turn into a Housing Crash soon.

Every month Fannie Mae conducts the National Housing Survey, asking a sample of 1,000 American telephone respondents how they feel about the US Housing Market. Historically Americans are very bullish on the market, with roughly 2x as many people thinking that is a GOOD time to buy verse a BAD time.

But that has changed over the last several months. Now a record share of Americans – and particularly Millennials – think it is a BAD time to buy. The most pessimistic age groups are the 35-44 and 18-34 year old age segments. This data seems to contradict the mainstream notion that millennial demand in the Housing Market is robust.

Why are Millennials BOYCOTTING the Housing Market in 2021? Likely because they are more pessimistic towards housing in general than other age groups. After all, Millennials grew up during the massive 2007-12 Housing Crash, witnessing first hand how volatile and risky the US Housing Market can be.

The result is that, even with record low interest and mortgage rates, Millennials are hesitant to the buy into a market that looks like a Housing Bubble.

And they could be right to feel that way. After all, home prices in America are at their highest level ever relative to inflation according to the Case Shiller Home Price Index. The last time prices were even close to this high was during the massive 2006 Housing Bubble. We all know what happened after that.

Fannie Mae Housing Survey:

Become a Channel Member:

Reventure Links Website:
Contact Us:

DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Your use of Reventure Consulting’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting, LLC does not establish a formal business relationship.

0:00 Millennials not Happy
1:32 66% Say: BAD TIME TO BUY
2:55 Why so Serious?
4:39 Millennials = most PESSIMISTIC
7:04 Growing Up in a Housing Crash
9:45 Buyer’s Remorse is REAL
12:05 Deluge of Listings on the Way?
16:23 Millennial Housing Market Rejection
17:42 Become a Reventure SPONSOR!

#HousingCrash #HousingBubble #MillennialBoycott

Products You May Like

Articles You May Like

Housing Market Crash CANCELLED By Bank Collapse?
Can These First-Time Flippers Successfully Renovate an Abandoned House? | Flipping 101 | HGTV
What’s in store for the spring home buying market?
Flipping Houses Step By Step for Beginners: $47,000 in 90 days 🤯
How much money do you think is actually in circulation? Dollars? #shorts

Leave a Reply

Your email address will not be published. Required fields are marked *