Global Broker Kushman & Wake Field Chairman Blues Mossler discusses the impact of President Donald Trump on commercial real estate and how Americans handle 7 % of mortgages.
In recent years, the ability to buy a house in the United States has become more and more difficult, and some experts now have a higher hill to climb to achieve American dreams than the previous generation. We are concerned about the long -term impact on.
“I feel that interest rates rise, housing prices soared, and stagnant wages are forcing many people to have a lifetime rental cycle, and I feel that the capital of the building is even more unreasonable.”・ Gray Mont says. “If there is no strategic change, we are seeing the whole generation from American dreams.”
Buying a house in the United States is much more difficult than before. There are experts who are worried about young adults in the United States. (Tammy Ljungblad/The Kansas City Star/Tribune News Service by Getty Images/Getty Images)
Dr. David Felps, the founder of the real estate investment community Freedom, David Felpus, the founder, is in the FOX business, some people are neglected ZY, and when they say the cost of today's housing Accurate to say that he does not believe it is.
“Gen Z is right. It's an inevitable part of our population, especially for that generation,” Felps said. “The wages have not caught up with inflation or rapidly rising housing costs, even before the rise in interest rates and the tightening of the underwriting guidelines.”
Existing housing sales will decrease to the lowest level in nearly 30 years
Felps stated that home buyers can afford to buy a $ 110,928 house on average salary in the United States.
“In other words, not just making coffee at home and skipping avocado toast,” he said. “Mathematics does not work in Gen Z.”
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TOM SPAETH, the owner of EASAL Properties, has supplied homes that can be purchased by young families in the median income in the past 10 years, from 50 % of available housing to only 15 % for housing prices and mortgages. It has become. Interest rates have risen.
Trump wants to fix the affordable price crisis of housing:
He said, “A large -scale institutional investor buys record -high houses, rented young families in low -quality areas, confused their children, increased their family's economic stress, and anxiety about housing. Everything happened while forcing to enhance qualitative. “
Achieving an American dream has become more and more difficult. (Photographer: Getty Image /David Rider /Bloomberg)
Psychotherapist Jonathan Alpurt says that the affordable crisis of housing is not only economics but also a serious psychological sacrifice to young adults.
“Many generations have experienced anxiety, frustration, and failure because the previous generation is struggling to achieve what they have regarded as a passing ritual,” said Alpurt. “Ownering a house has been linked to stability and success for a long time, so if you feel unreasonable, it can lead to a sense of self -doubt and life. “
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Alpurt says he expects the opportunity as the economic situation changes.
“Until then,” he told Fox Business. “In order to navigate these issues, it is important to recover, adaptability, and stories about this topic.”
