Are we the last generation of landlord ?

[Carlos Ptriawan]

Especially @James Hamling   , just read a market statistic and its mind blowing.
The age of first time home buyer in California is now 49 years old, in 1980 it used to be 32 years old.
In TX:  37 years old and FL is 42 years old.

The youngest age for FTBH in 2021 is located at the state of Iowa for 29 years old. 

It just mean in CA it's almost impossible for next generation to be landlord then, unless it's an inheritance.
And this very long time boom cycle is giving very advantageous position for baby boomers that lived in CA and purchase houses. 

No wonder Florida and Texas price is going up in early 2020s !!

[Chris John]

@James Hamling

I can't argue with a word!  haha.  I used to get frustrated, but instead I just tell my kids how easy the race will be for them since so few are running it.  Along the lines of Joshua 24:15, "as for me and my house, we will continue to work."  Well, and, more importantly, follow the Lord, but this is a real estate website, so...