Updated almost 10 years ago on . Most recent reply
CRASH SPECULATION
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.
Most Popular Reply
As far as I've read millennials have surpassed boomers.
http://www.pewresearch.org/fact-tank/2016/04/25/millennials-overtake-baby-boomers/