How much do you know about owning a home? Take our quiz https://t.co/p9HCDKs277 ...

The idea of home ownership feels like an increasingly impossible goal for many young Americans — especially those dealing with debt, a dwindling job market and a national housing affordability crisis. A new report from real estate brokerage Redfin, however, could bolster home ownership hopes [1]. The report showed that active U.S. home listings experienced their biggest drop since 2023 in August, falling 1.4% from July. New listings also dropped 1.1% month-over-month, and almost 3% year-over-year. That’ ...

The country with the lowest home ownership in Europe is about to decide whether to hand the lucky few with property a $2.1 billion tax gift https://t.co/nyM1MJP420 ...

What time is it?Game time.$OPEN has @CanadaKaz, @rabois, and @ericwu01 starting work today.Millions of Americans are counting on them to revolutionize home ownership.A world class team tackling an insanely hard problem.I like their chances. ...

Core Insights - The current housing market presents significant challenges for younger generations, particularly millennials and Gen Z, who are struggling with stagnant wages, inflation, high interest rates, and soaring house prices, leading to a decline in home ownership rates [3][4][5] - The average age of first-time homebuyers has increased to 38 years in 2024, with baby boomers making up 42% of homebuyers compared to only 15% for younger millennials and Gen Z combined [4][5] - Many young Americans are exploring alternative ways to build equity without home ownership, such as investing in various financial instruments and developing strong savings habits [7][9][10] Group 1: Housing Market Challenges - A survey found that 33% of younger millennials received financial assistance for down payments, and only 45% claim financial independence from their parents [5] - Most millennials and Gen Z earn significantly less than the $114,000 average salary required to purchase a home [4] - The housing market is described as a "doom loop," with sales declining while prices continue to rise [3] Group 2: Demographics of Homebuyers - The average American has $313,000 in home equity, which is increasingly out of reach for younger generations [2] - The average age of first-time homebuyers has jumped about a decade since the 1980s, indicating a shift in the demographic landscape of homeownership [4] - Baby boomers are planning to age in place, further limiting housing options for younger buyers, with 78% intending to stay in their homes [5][6] Group 3: Alternative Equity Building Strategies - Young individuals are encouraged to create a savings timeline and develop strong savings habits to prepare for future home ownership [7][8] - Investing in 401(k)s, IRAs, and other financial instruments is recommended as a way to build wealth without home ownership [9][10] - Renting can be a strategic choice, allowing individuals to save more aggressively and invest the difference, as highlighted by various financial experts [10][11]

Today, the number of renter households in the US is growing three times faster than homeowner households, signaling a major shift in American home ownership. This trend traces back to the 2008 housing crash when construction slowed dramatically and the US never caught up. Restrictive zoning laws have limited where and what kinds of housing can be built.The cost of raw materials has gone up, coupled with a labor shortage. And in the last five years, mortgage rates have more than doubled due to inflation. Thi ...

On “Drum Tower” this week, how the Chinese dream of security through home ownership turned into a nightmare https://t.co/vDdqKb5nHz ...

Industry Focus - The report discusses China's housing market [1] - It explores how the dream of home ownership has turned into a nightmare [1] Media - The content is presented as a weekly podcast on China [1]

Our highest conviction is still in rental housing and it's been for a while. A and uh while that may not be completely contrarian. Uh there's a chronic under supply of housing across the world.Uh home ownership as you know in the US is really out of reach for most people. So people will continue to be renters for longer and that means apartments, single family rental, student housing, all all the forms of rental housing are really interesting. Uh but what we have seen in that se in that sector is a real rep ...

Let's uh move on here. Just about a week away from the reveal of CNBC's top states for business. And while tariff costs have taken center stage this year, we can't forget about the cost of insurance amidst what some are calling a national crisis for that industry.Scott Con joins us with that story. He is in one city that is seeing a spike in costs. Of course, Pacific Palisades in Southern California.Scott, that's right, David. And and the experts are saying, by the way, that tariffs will factor into all of ...