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Will millennials save housing from a downturn?

Posted by   /  June 29, 2018  /  No Comments

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The cohort’s delay in launching housing preference and behavior could transform into a favorable factor in an expected economic downturn ahead.

By John McManus | Builder

A flattening bond yield curve and a very long-in-the-tooth, albeit anemic, broad economic winning streak have gotten housing experts’ and analysts’ tongues a’wagging,

Right now, by most measures, the U.S. economy only now appears to have regained its memory as to how a recovery can and should behave. The data trends on jobs, wages, corporate profitability, confidence, and an ever more receptive and eased regulatory climate suggest, in aggregate, more momentum to come, not less.

Still, reflexively, involuntarily, and perhaps healthfully, inklings of caution and contingency have begun kicking into play, especially among capital investment strategists. It’s they who are on the front lines of facing having to weigh, counter-intuitively, the likelihood that a cyclical downturn will come even though fundamental demand trends and the economic factors that support them have lots of headroom to grow yet.

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  • Published: 1 year ago on June 29, 2018
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  • Last Modified: June 29, 2018 @ 8:04 am
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