On a recent podcast, real estate maven John Burns, talks about how the U.S housing market is in flux, driven mostly by demographic changes.
Shifts in the real estate market are influenced by 4 things: changes in government policies, changes in the economy, new technologies and societal changes (like having children before getting married.)
Let’s look at government policies: home ownership rates in the 1940’s and 1950’s were high, mostly due to the effects of the G.I. Bill. Today, owning a home is driven by Fannie Mae and Freddie Mac. Despite that, homeownership is on a steady decline.
Burns goes on later to talk about how new technologies, like smartphones, are disrupting the realty business as well.
It’s a fascinating podcast.
Have a listen HERE:
Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at email@example.com or 917-209-4452.
Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.