Due to housing affordability issues, younger investors with disposable income will increasingly choose to rent rather than buy homes, and will invest their capital into passive real estate options like syndications and TurnKey properties instead of active strategies such as flipping, leading to a new definition of financial independence.
"I see like syndications and TurnKey and things that are at least more passive they're going to attract a lot more younger investors who are making money now because I think those people are going to stay renting they're not going to be dunking their nest egg into a home because they can't afford it or else what they can rent is way nicer oh than the same payment for what they can buy so the enjoyment versus hey I can invest in something that's a little bit more stable that I don't need to manage I think it's going to be a different option and I think the landscape's changing a little bit because of the affordability issues with housing in America... I just think that if you have the extra money and you know you're going to rent and you're looking at on one hand I'm going to do a burr or a flip which Burr is very hard to do right now flips I really am worried for people who try a first time flip just because everything can go wrong versus syndications and TurnKey with vetted providers on each I just think they're going to start going to to these these things that are actually closer to passive than what people call passive... it's recre creating what people think of these words and what they think of what we're talking about what is financial Independence it's going to look different"
