The Generation Gap in Real Estate: Working Hard or Hardly Working?
Beginning with a call-back to the prior week's show, and the rueing a missed opportunity, Bronte Manuel and Leith Forrest discuss differences in views on home-ownership between the older generation, and prospective home buyers. Bronte notes that while affordability is down overall, the current generation also seeks instant gratification, and is largely not prepared to make as many sacrifices on the path to homeownership. Bronte and Leith also discuss how location influences price, and finishes with a discussion comparing the balance of wanting modern conveniences versus classic fundamentals in home purchases. Bronte stresses patience and long-term planning as key to navigating today's market.