Displaying items by tag: millennials
Goldman’s Big Call on Real Estate
The housing market has outpaced nearly all expectations as prices are up a staggering 17.7% over the last 12 months. Some bears said this pace has to slow and that simply put there aren’t enough buyers to keep demand boosted this high, but Goldman Sachs sees it differently. They are projecting home prices to grow at 16% over the next year. They believe millennials are just hitting their stride in the buyers market and that a woefully short supply will keep prices elevated. New home construction has been far too sluggish in the post-2008 environment as investors are skittish, but low-interest rates give many the opportunity to buy. All of this puts the U.S. at an estimated 4-million home shortage, which has Goldman extending the horizon for house price growth through 2023, projecting another 6% increase. Others aren’t as bullish; CoreLogic and Freddie Mac are projecting 2.2% and 5.3% respectively.
FINSUM: Extremely low interest rates and glimpses of inflation could prop up home prices for the time being, as excess money has tended to flow disproportionally into assets like real estate.
Are Millennials Buying the Dip?
(New York)
The stock markets have had some very small slumps but rebounded quickly in the last 12-months. The refusal to…see the full story on Magnifi’s site
How to Build a Relationship With the Next Generation of Clients
The next generation of investors want diversity and green investments, but how do they want that delivered?…see the full story on our partner Positivly’s site
How Millennials are Reshaping Advisors’ Futures
Millennials have had their investing horizons shaken up by a financial crisis…see the full story on our partner Positivly’s site
Why eSports and Gambling are a Great Buy Right Now
(New York)
Investors have had to recalibrate over the last couple of weeks as Reddit users and memes positioned themselves as players on the real-world financial stage. Related byproducts to the internet culture are growth in ... View the full story on our partner Magnifi’s site