I think he has a point.
Baby boomers have houses. Probably too much that they need to unload in the future.
So living with parents is a trend right now.
Government own tons of houses. They will be the biggest landlord down the road.
As we talk about diversification when investing, people usually way overweight on one asset class, in recent case:housing.
Baby boomers have houses. Probably too much that they need to unload in the future.
So living with parents is a trend right now.
Government own tons of houses. They will be the biggest landlord down the road.
As we talk about diversification when investing, people usually way overweight on one asset class, in recent case:housing.