The video discusses the impact of the millennial generation on the housing market. In reality, millennials (born between 1981 and 1996) are facing challenges in buying homes due to various factors, including the baby boomer generation holding onto their homes, high housing costs, and student loan debt. Has this phenomenon created a "generational housing bubble," and has it made it difficult for some people to afford a home? The video also touches on the concept of a "locked-in effect," which means that once someone owns a home, they are less likely to move, contributing to a shortage of available homes.
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22 авг 2024