patrick.net

Millennials are just as likely to live with their parents as they are to own a home

http://www.businessinsider.com/millennials-are-just-as-likely-to-live-with-their-parents-as-they-are-to-own-a-home-2015-11

As much as I believe that this housing cycle would have the weakest demand curve from mortgage buyers on record even with the lowest rate curve post WWII

Comes year 2020-2024, we should have more first time home buyers on a nominal basis, working from the lowest first time home buyer % and the weakest mortgage demand curve since the MBA data has been collected means this will be the mother of all low bars come years 2020-2024