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Podcast: Creating Wealth Real Estate Investing with Jason Hartman
Episode: 2087: 2024 Housing Market Forecast: Why Home Prices Are Set to Soar Despite Challenges
Description: Today Jason talks about "shadow demand" in the housing market. He emphasizes the impact of demographics, particularly the 25 to 34 age group, where about 16% are still living at home, representing untapped demand. With 11 million potential homebuyers in this category, Jason explores the dynamics of supply and demand, debunking predictions of a looming shadow supply. He also touches on factors like low inventory, the influence of baby boomers staying in their homes, and potential wildcards like geopolitical risks affecting the housing market's trajectory. Then Jason and Bridger finish their conversation as they delve into the housing market, the economy...