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Updated over 7 years ago,
Millions of Young People Shut Out of the Housing Market
Interesting article in the NY Times today about how a lack of young first time home buyers is affecting the market, either by them being shut out or just choosing not to buy homes.
Tight lending standards and shortages of affordable housing have reduced the pool of potential buyers particularly among young people. This means less demand for starter homes which prevents those homeowners from being able to "trade up". This causes stagnation in the market.
Just wondering if anyone has seen this to be true in their area and if you think this trend will continue. If so, how should that affect RE investment strategy?