Doctorhousingbubble.com Website Review

we’ve added 10 million new renter households over the last decade.  what does it mean when renting is now part of the new american dream? since the great recession hit, we have added 10 million renter households market but also over qualifying americans to purchase a piece of the american dream.  the trend has slowed down but not in states like california where a renting majority is now solidly in place.  even orange county, a place that was once thought an untouchable red region turned all blue.  then you have places like the inland empire that went solidly red.  the bottom line is that many new households are this decade long trend is showing some signs of slowing however as rent price growth is slowing.. millennials are not going to save the california housing market:  nearly half of california’s millennials live at home with parents. the housing correction has arrived.  this should not come as a surprise given that the level of affordability is near historical lows.  the real estate cheerleaders continued to mention that money from china and other factors need more traditional factors to keep the housing market moving up.  historically in the u.s. the number one factor in housing demand was household formation.  the other was economic growth.  household formation has favored rentals paper looks good but for every one good paying job created you had two new “gig” like jobs popping up with lower wages and fewer benefits like healthcare.  millennials are now in their prime home buying years yet the trend is not supporting the housing market.  and in california, nearly half of millennials live at home with their parents.  how will that save the housing market when they can’t. is the los angeles housing market in another bubble?  prices at new peak and up 181% since 2000.  the market is shifting but does this. we are creatures of habit and suffer from historical financial amnesia.  as you would expect, the market is now turning and the