Quote:
Originally Posted by BillTex
This.
Many of the younger generations have ruled out ever owning a primary home, never mind second home. So they just move on to other things in life, like travel. They are more about “experience” than they are “baggage”.
That is ok-i understand. But I wonder how that will shake out as they age.
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My friends kids are doing this now. Two of them sold a house and are spending every available minute traveling. Good for them but mid 30s is time to be planning for the future, even if it's not the main focus. Time will tell.
Meantime, I think buyers are sitting on their hands waiting to see if there is a rate cut eventually.