Challenge = Opportunity

3 Replies

I'm sure we as investors, could help out with this.

http://m.theatlantic.com/business/archive/2014/10/what-will-it-take-for-millennials-to-become-homeowners/381730/

@Jim Viens  

Thanks for sharing.  Interesting article.  It seems the combination of Millennials seeing some of their parents experience the real estate crash as well as over $1 trillion still outstanding in student debt is having them delay the decision to buy.  I think what's also hard especially if you have student debt is that many graduates don't make as much so savings take longer.

With over 77 million strong, I'm sure there will be a split of those who eventually buy and those who will continue to rent.  The question is what percentage opt to do one over the other and where (i.e. urban vs. suburban).  It will be interesting to see how it plays out.

@Louis Leone  Yeah, things are a bit harder for graduates these days, but I'm seeing lots of opportunity to get them in homes via creative financing options such as lease-options and owner financing. What a great way to build a business by helping people!

Might check out an old thread here in the forums "Profits in non-profits" I think it was. If you're really interested in helping young families, going  the non-profit route is a good option and, there are exemptions for N/Ps under Dodd Frank as to seller financing. :) 

Medium logoscopiccroppedblue2Bill Gulley, General Real Estate Academy | https://generalrealestateacademy.com

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