Buyer’s regret for buying high.
As new inventory is finally starting to hit the market and demand has temporarily slowed down thanks to rising rates, the housing expansion between March 2020 and now is still very likely to go down in history as blowing unprecedented amounts of air into an unprecedented bubble.
And now we have the data to show it. A new online survey commissioned by Anytime Estimate and Clever Real Estate has shed light on how much millennials paid for homes during this period, and the answer likely isn’t going to surprise you: more than any other generation, ever.
This is why it is no surprise to hear that more than 70% of millennials have regrets about their purchases.
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ZeroHedge – On a long enough timeline, the survival rate for everyone drops to zero