Post Profile

Good news! Home Ownership Has Bottomed

Millennials Are Out of the Basement and Into Buying Homes Young adults are getting jobs, forming households and having kids. It all adds up. Bloomberg, February 2, 2018     There are two themes I find endlessly fascinating about real estate. One is its enormous role in the financial crisis. 1  The other is the steep decline… Read More The post Good news! Home Ownership Has Bottomed appeared first on The Big Picture.
read more


Related Posts

Haircut Deficit: Kids Living in Basements a Drag on U.S. Services Spending; Since Recession Ended, Durable Good +34%, Services +6.3%; What's Next?

Business & Finance / Economics : Mish's Global Economic Trend Analysis

The recession ended in mid-2009. Since then spending on services has lagged spending on durable goods by a huge margin.Why? A record number of Millennials, adults aged 18 to 32, put off household formation and stay at home to live w...

Millennial Home Ownership in Large Cities

Business & Finance / Investing : The Big Picture

Source: How Much     Last month, I noted the impact of “Millennials leaving the basement to buy homes. This points to a rise in spending on furniture, appliances, electronics and cars that will lift earnings and power stocks.” All o...

Trulia Pushes The Panic Button As Young Adults Refuse To Move Out Of Parents' Basements, Get Jobs

Business & Finance : Zero Hedge

Well over a year ago, we first suggested that the conventional wisdom thesis for the bounce in home prices - namely a spurt in household formation - was dead wrong. Sure enough, as has been confirmed empirically, the only reason for...

Jed Kolko: Feb Jobs Report: More Jobs for Young Adults Today = More Housing Demand Tomorrow

Business & Finance : Huffington Post: Business Blog

Between the ages of 25 and 34 is when many people form households, then start families and buy their first home. During and after the recession, households dropped for this age group, and more people than ever were living with paren...

HOUSING ANALYST: Home Ownership Among Young Americans Is Actually Climbing

Business & Finance : Business Insider: Clusterstock

One of the biggest obstacles to this housing recovery has been that the millennials have been increasingly living at home with their parents instead of forming new households. The latest Census data shows that homeownership rates co...


Copyright © 2016 Regator, LLC