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Buying & Selling Real Estate

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Patrick Ryan
  • Real Estate Agent
  • Minneapolis, MN
37
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52
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CRASH SPECULATION

Patrick Ryan
  • Real Estate Agent
  • Minneapolis, MN
Posted Jul 23 2016, 22:03

In my opinion, the market is 100% going to crash in 4-7 years. There are 2 baby boomers for every 1 millennial. Boomers hold 80% of the wealth. Therefore 2 homes will be passed down to 1 millennial, who have lots of student loans and much less wealth. Millennials will not be able to absorb the inventory and a glut in supply will make prices fall hard. I feel its inevitable and we are currently in a bubble. Thoughts? I would love to be wrong because Im all in on rentals/real estate, but can't see its going any other way. Let me know your thought. 

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