4 ms·
Who’s buying all the houses, then?
by runeks 6y ago
Who’s buying all the houses, then?
- emodendroket 6y agoAren't there a significant number of first-time buyers?
- milkytron 6y agoMillennials, apparently. The generation has a huge population that is at the prime home buying age (nowadays). Being stuck at home with parents or in an apartment is not where a lot of people wanted to be during a pandemic. Combine that with low interest rates, and also investors that see property as a relatively safe asset. The wait and see camp is probably most people, but those that aren't comfortable with their home situation and being stuck in it are likely itching to move.
- jhayward 6y agoPrivate equity.
- munificent 6y agoRenters in smaller apartments craving more space now that they are stuck at home 24/7.