Episode Details
Back to EpisodesIndustry News: Homebuyer Demand Drops, Millennials Clash Over Housing, and NYC Tax Hike Threat - TLP145
Description
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In this Industry News episode, Ryan Glick and Charles Covey break down new data showing homebuyer demand near historic lows and talk through why affordability is still the biggest issue in housing. They also respond to a viral clip that sparked a wave of comments about millennials and whether today’s buyers are choosing smaller living or simply unable to afford more.
The episode also covers a proposed 9.5 percent property tax increase in New York City and what that could mean for property owners and developers. To wrap it up, Ryan and Charles look at projections showing a possible U.S. population decline and discuss how shifting demographics could change the way and where we build in the future.
All links to the articles discussed during this episode can be found on the show notes page:
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