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43: Does Gen Z Stand a Chance in Today’s Housing Market? w/Soli Cayetano

43: Does Gen Z Stand a Chance in Today’s Housing Market? w/Soli Cayetano

FromOn The Market


43: Does Gen Z Stand a Chance in Today’s Housing Market? w/Soli Cayetano

FromOn The Market

ratings:
Length:
47 minutes
Released:
Oct 14, 2022
Format:
Podcast episode

Description

Gen Z, the generation just on the cusp of homebuying age, may not have a chance to buy homes in the first place. For years, we’ve heard how millennials have been struggling to buy homes—but what about the generation behind them? With rising affordability issues, wages that won’t match inflation, and a recession on the horizon, will this newest generation ever be in the clear to become homeowners? Or, will they become the largest generation of renters the world has ever seen?
In today’s episode, Dave breaks down the data behind the demand, showing where Gen Zers are heading, what they’re buying, and whether or not they even want to buy homes at all. This data highlights significant differences in where renters/homebuyers of this generation are moving. Landlords, pay close attention—buying in any of these high-demand cities could mean steady rent checks for years to come.
We also chat with twenty-four-year-old investing mogul, Soli Cayetano, a Bay Area-based investor who grew her portfolio entirely out-of-state. Soli, being one of the oldest Gen Zers, has insight into why some of her peers will/won’t be buying homes anytime soon. She also gives some stellar advice to new or young investors just getting into the rental property game.
In This Episode We Cover
Whether or not millennial housing demand is peaking and how household formation is changing
Gen Z’s outlook on homeownership and why many are choosing to rent
The top cities where Gen Z renters and homebuyers are moving to
Home affordability and why it may stop Gen Z dead in their tracks
The easiest way for Gen Z to begin investing in real estate (low money down!)
Starting and scaling an out-of-state rental property portfolio 
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Agent
Join BiggerPockets for FREE
On The Market
Join the Future of Real Estate Investing with Fundrise
Connect with Other Investors in the “On The Market” Forums
Subscribe to The “On The Market” YouTube Channel
Find an Investor Friendly Agent in Your Area
Dave’s BiggerPockets Profile
Dave’s Instagram
Yardeni Demographic Data
Rocket Homes
moveBuddha
NYT/CommercialCafe
Book Mentioned in the Show
Real Estate by the Numbers by Dave Meyer and J Scott
Connect with Soli:
Soli's BiggerPockets Profile
Soli's Instagram

Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-43
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Released:
Oct 14, 2022
Format:
Podcast episode

Titles in the series (100)

The modern real estate investor doesn’t have time to research every headline and trend. That’s why BiggerPockets' Dave Meyer and his expert panel do it for you. Learn how to invest smarter in today’s economic environment.