Why the next 40 years in real estate might not look like the last.
1. From at least the 1970 – 2008, the US ADDED a NET 2.5m/yr people to the working age population (incl immigration), now that number is 300-500k.
2. Since 1981, mortgage rates have fallen 15%. Keeping payment… pic.twitter.com/F7ChLvf46Q
— Darth Powell (@VladTheInflator) August 13, 2023
A lot is hiding in the rental market pic.twitter.com/ddA5vKXOYN
— Darth Powell (@VladTheInflator) August 13, 2023