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Have No Fear! Gen Z is Coming To Save The Housing Recovery!
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2014 Oct 28, 12:00am 10,410 views 21 comments
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smaulgld
2014 Oct 28, 12:17am
Pending Home sales down? No Worries! Here Comes Gen Z
http://www.cnbc.com/id/102123236
smaulgld
2014 Oct 28, 12:24am
Link fixed https://smaulgld.com/genz-housing-recovery-rescue/
You can now read about how 13-17 year olds will give up computer games in order to buy a home and use a realtor when they do so (no joke)
smaulgld
2014 Oct 28, 12:52am
CIC- I laughed the whole time.
You missed the part where the kids say they wont use the internet to find a real estate agent, but rather they will use a real estate agent to help them find their homes!
Of course we covered that- they can't use the internet to look for homes, because they gave it up to buy a home before they turn 18, so they turn to a trusted real estate agent.
smaulgld
2014 Oct 28, 1:09am
Home Prices slowing down? Worried about the future of housing?
http://patrick.net/?p=1251430
Gen Z is COMING!
smaulgld
2014 Oct 28, 1:36am
Consumer confidence hit a seven year high! http://www.cnbc.com/id/102123665?trknav=homestack:topnews:8
Must be off the charts for 13-17 year olds
smaulgld
2014 Oct 28, 1:47am
Proposal: reduce lending standards
How about allowing 13 year olds to borrow money?
http://www.philly.com/philly/business/20141026_Housing_regulators_feel_pressure_to_ease_lending_rules_as_recovery_lags.html
smaulgld
2014 Oct 28, 2:03am
Proposal: reduce lending standards
Better idea- just given them houses- that will really piss off millennials
How about allowing 13 year olds to borrow money?
Can they do that with their Apple Pay?
*
smaulgld
2014 Oct 28, 2:19am
Can they do that with their Apple Pay?
Maybe but the poll says they are going to give up their phones so they can buy homes
Phones for homes!
HydroCabron
2014 Oct 28, 2:36am
Something something area 51 something platinum something something will save us.
smaulgld
2014 Oct 28, 3:55am
Worried about the future of housing?
"Everybody Knows the boat is leaking, everyone knows the captain lied".
Great tune
But dont worry there is a 13 year old who can steer this thing
smaulgld
2014 Oct 28, 3:56am
HydroCABRON not hydrocarbon says
Something something area 51 something platinum something something will save us.
Of course just lower interest rates
smaulgld
2014 Oct 28, 4:43am
Instead of applying a deflator to tomorrows GDP number they should apply a Gen Y inflator to account for the Gen Y future production
FortWayne
2014 Oct 28, 6:56am
Maybe by that generation we'll find a way to make housing affordable for everyone. This rental boom is total crap if you ask me, this ain't America.
smaulgld
2014 Oct 28, 8:11am
Asshole American takers, they refuse to let the brilliance of capitalism offshore their housing. They have no right to complain about the high cost of housing. NO RIGHT!
Yeah, I don't get it, just pay your fair market share and be quiet about it! (or get your pre teen to do it for you)
smaulgld
2014 Oct 28, 8:31am
Realtors are optimistic about future demand for housing.
Dan
Added a photo to the original post based on your inspiration
David9
2014 Oct 28, 8:45am
I wonder what it is about human nature where the real reason is just too painful to deal with. So, we make up fantasies about little girls buying houses !
smaulgld
2014 Oct 28, 8:52am
I wonder what it is about human nature where the real reason is just too painful to deal with. So, we make up fantasies about little girls buying houses !
and wanting to use realtors to help them!
HydroCabron
2014 Oct 28, 9:34am
Why not 90-year mortgages for the little ones? Once their eyes open, they're ripe for mortgage lenders to inflict financial innovation on them. And if these crumb snatchers have any sense of their awesome moral obligation to baby boomers, they'll grab a crayon and sign it!
smaulgld
2014 Oct 28, 10:07am
HydroCABRON not hydrocarbon says
Why not 90-year mortgages for the little ones? Once their eyes open, they're ripe for mortgage lenders to inflict financial innovation on them. And if these crumb snatchers have any sense of their awesome moral obligation to baby boomers, they'll grab a crayon and sign it!
Why not? Need to drum up demand for homes to keep priced high and to provide commissions for realtors
In March we asked who will buy the homes to sustain the housing recovery- we concluded it wouldn't be millennials burdened by student loan debt and poor job prospects.
We didn't make that prediction lightly having covered the plight of the millennials and its impact on the economy and the housing market in our first blog post in April 2013.
The housing recovery cheerleaders insisted that Gen Y held the key to the housing recovery as they would soon form households and boost the housing market. We disagreed.
We blamed quantitative easing in part for the lack of meaningful millennial participation in the housing market. We covered the false housing recovery of 2013 and declared the housing recovery that never was, was over in April this year.
Yet the media persisted with stories like this one: "Get Ready for the Next Real Estate Boom- Housing: Gen Y style". They insisted a Gen Y housing boom was just around the corner.
The Gen Y housing boom never materialized. Yet hope and delusion springs eternal in the real estate cheerleaders' hearts, if not minds. There is always the next generation.
Gen Z to the Housing Recovery Rescue!
Seriously,a new poll of 13-17 says the next generation is in love with home ownership and real estate agents.
Read About it here: https://smaulgld.com/genz-housing-recovery-rescue/
http://www.youtube.com/embed/Q_0rSapDaKQ
#housing