In this episode, Shawn DiMartile and Mike Tighe discuss the
housing market inventory shortage, examining its potential link to
baby boomers. They analyze a Bloomberg article suggesting baby
boomers' reluctance to sell their homes contributes to the shortage
for younger families. The hosts offer their perspectives, supported
by data, and discuss NIMBYism's impact on housing development in
affluent areas. The episode concludes with a discussion on the
government's role in addressing the shortage and the importance of
balanced decision-making.
Here's what you can expect from the episode:
Baby boomers holding onto homes contributes to housing
inventory shortage, but sole blame is unfair.
Sentimental attachment and financial factors drive decisions to
stay, including low mortgage rates and retirement plans.
NIMBYism, especially in affluent areas, hampers housing
development and worsens shortages.
Government should prioritize housing needs, balance with
existing homeowner concerns.
More housing supply improves infrastructure, spurs economic
growth for all residents.
The Real Estate Takeoff podcast hosted by Mike Tighe and Shawn DiMartile, where we'll talk all aspects of anything real estate investing related, as we host a variety of guests who are active in the real estate game. Past guests including Grant Cardone, Michael Blank, & more! Be sure to follow the show on instagram at @therealestatetakeoff.