Percentage of Young Americans Living with Parents Rises to 75-Year High

Re:Percentage of Young Americans Living with Parents Rises t... by ryandrake on Thursday December 22, 2016 @01:16AM (#13235282)

Thanks to reverse mortgages, I doubt there will be a massive housing transfer when the boomers die out. Boomers in general will outlive their retirement savings and all that will be left is their home equity. We'll see tons of bank-owned homes but today's young adults still won't be able to afford them.

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Re:Percentage of Young Americans Living with Parents Rises t... by shostack on Thursday December 22, 2016 @02:58AM (#13235710)

And I wonder if they will be sold by banks or merely rented out and packaged as collateralized investments.

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Re:Percentage of Young Americans Living with Parents Rises t... by afarrell on Thursday December 22, 2016 @06:01AM (#13236446)

They will probably be sold to rental management companies (of which there will be a whole bunch) or like liquid-property-investment startups like https://bricklane.com/

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Re:Percentage of Young Americans Living with Parents Rises t... by resolaibohp on Thursday December 22, 2016 @11:09AM (#13238166)

This will be a bigger problem in the near future. I keep seeing advertisements for property investments along the lines of the company you linked. Everyone thinks that housing is an investment and a way to make money. This has and will continue to drive up prices.

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Re:Percentage of Young Americans Living with Parents Rises t... by afarrell on Friday December 23, 2016 @12:45PM (#13246042)

Why would it drive up rents? If people invest in properties to then let/rent them out, then there will be more homes on the rental market. The thing that will prevent this is if there are laws preventing new construction?

The thing that prevents new construction in many areas is laws designed to "preserve the character of the neighborhood". Homeowners/investors have an incentive to push for these laws to keep housing prices high. However, if they actually own a diversified asset that can grow with new construction by adding new properties, then that incentive is reduced.

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