Most baby boomers are not able to help and keep their homes in their homes ‘Wall Street Oracle’ says

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  • Baby Boomers are collectively seated on $ 75 trillion wealthThis is not equally distributed, that is, many people do not allow them to move and stay in their homes instead. According to Meredith Whitney, the upper Wall Street analyst is the weight of the housing market, holding inventory.

Meredith Whitney allows baby boomers to leave home boomers, because Wall Street Of Wall Street’s “Wall Street Oracle” Wall Street Oracle’s homes “Wall Street Oracle”.

One Reporting on Bloomberg TV On Wednesday, he borrowed the Americans of the Americans who were stuck in many money and 44% of home capital loans are “opposite? Crazy, right?”

This is the opposite of the typical narrative of the typical narrative sitting on a large amount of rich resources, which is a large amount of resources, which has an unprecedented economic expansion and exchange expectations and exchange booms.

As a result, the elderly, which are very money, have an edge in the tight housing market in accounting 42% of all house buildersMillennials, in spite of 29%, despite the slightest generation years.

However, although most buyers are the boomers, most boomers have a giant pile of pile.

“I divide it into different cohorts,” said Whitney. “So the adults who think everyone’s thoughts have all these money – this is a small part. The elderly get paid to get a salary.”

To be sure, the boomers are collectively We have three trillions of $ 75. However, this was not evenly distributed, and Whitney estimated that only one of the 10-year-old could afford only one of the helpful living facilities.

As a result, many are forced to stay in place and live. (Stubbornly, high mortgage rates have also created a “lock” effect in the market where the landlords in the market have not wanted to buy a new house in the market’s rising debt costs.)

“This is one of the problems in housing inventory,” said Whitney Bloomberg. “They stay longer in their homes because they do not allow them to go out.”

Unemployment forecast for 2025: 6%

At the same time, the President’s Donald Trump’s commercial war, especially in retail and hospitality sectors, and the rate of unemployment will rise to 6% of this fall, and it will rise to 6% of this fall, and it will rise to 6% of this fall, and it will rise to 6%.

This is a 10% high level of unemployment during a large financial crisis, and Whitney does not see parallels between today’s economy during the crisis.

As part of the reason, it is better to capitalize because banks are better than banks when banks are doing heavy loans in the balance sheets of banks.

However, he sees a “moderate, medium” decline that Wall Street is still at the price.

“Big banks will not be involved now, but the consumer is already struggling and fought further. This will become a loss of work,” he said.

This story was first displayed Fortune.com


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