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This Will Lock People into Renting Forever
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The real estate crash is here. The problem is, it's not exactly what you think it is.
You see, since about 2011, the average American has been waiting for the next crash to buy back into real estate. Now, part of the problem is that homebuilding has been crashing during this entire time.
When it comes to real estate, the only statistic that matters are the number of people who want a place to live versus the places that there are to live.
We're going to look at a few pieces of data to show that the real, real estate crash is happening in homebuilding, not home prices.
Timecodes
0:00 Real Estate Crash is Happening in Home Building
3:22 Mortgage Demands Start to Flatten
4:49 Renters Slowly Losing Purchasing Power in Home Buying
6:38 Not Enough Houses to Support New Residents
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#Renting #RealEstate #HomePrices
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