ilmscore | Unlocking Unique Buying Opportunities: Whitney Elkins-Hutten Shares Tips for Overcoming Obstacles

Unlocking Unique Buying Opportunities: Whitney Elkins-Hutten Shares Tips for Overcoming Obstacles

Published: 2024-01-30
Status: Analyzed

Predictions from this Video

Total: 3
Correct: 2
Incorrect: 0
Pending: 1
Prediction
Topic
Status
High interest rates have stalled new housing construction, and it will take time for the building machine to restart after current projects are delivered, exacerbating the housing shortage.
"The fed's done they've increased the interest rate so high that they've actually install new starts now... once those units are delivered and absorbed it's going to take a while to start the machine."
Housing Market / Construction
Correct
Downsizing baby boomers and migration from urban centers to secondary/tertiary markets will continue to put pressure on housing, driving up rents.
"Baby boomer Boomers that are downsizing... so there's a lot of competition here we're seeing people move on of urban centers into secondary and tertiary market and so there's still going to be a lot of continued pressure on housing that is going to continue to drive up rents."
Rental Market / Housing Trends
Correct
$84 trillion in wealth will be transferred from Baby Boomers to Millennials over the next decade (by 2034).
"$84 trillion dollars that is being transferred from baby boomers to Millennials over the next 10 years."
Wealth Transfer / Demographics
Pending