The baby boomer generation I think right now is the second largest behind millennials so there will be a lot of demand I think in the coming years.

Here is the reality, to quote Tyler Durden at Zerohedge ""how many Gen-Xers and Millennials have the means to buy million-dollar bungalows and overpriced portfolios?

As long as they're getting paid and feel they're doing worthwhile work, there are plenty of Millennials and Gen X who will sleep at their desks.

This is caused by many years of low interest rates, high construction costs & supply shortages, along with high demand from millennials buying first and move-up homes at the same time baby boomers want to downsize. 

Most actual cities Gen Z/millennial cannot afford so they flood the perimeter of it, but prime Cupertino always in demand.

Millennials prefer spending on experiences and there is a general shift away from 'things' to living life in a broader way with Instagram selfiesCONCLUSION: Travel and leisure growing at twice the rate of GDP is intact as the longer term trendA counter point to these three favorable points is that short-term (urban) and vacation rentals (destinations) have taken market share away from hotels and this appears to be a permanent trend. 

As of 2022, over half of millennial households were homeowners, which still leaves many more young households who want to make the same transition.

He wants the house badly and he wants to keep his monthly payments below $1,400 which I am able to do for him.Well I guess that's one way to look at it, sounds like you are dealing with a millennial that is looking at payment and has a little cash.good for you, you'll end up foreclosing on the deal after he can't pay but I guess you will had made some money but will probably need most of it to fix it back up.seen this happen a few times, not for me but if you have the stomach for it.... 

But within those boundaries, my people can grow wings and raise outstanding young people.Given that background, along with my being childless, and of course my extensive readings in personal finance, I am very curious to see what people's game plans are with their own children in the real estate tribe.I should add, in conclusion, that overall, I think Americans raised in the Millennial and Gen Z cohorts are more impressive than any since the Greatest Generation.

As the largest generation in U.S. history, Millennials, born between 1981 and 1996, are not only driving demand but also reshaping the way homes are bought, sold, and lived in.