He makes some great points about the coming macro economic environment and the generational asset gap between millennials some of their older counterparts. It looks like we are going to need to pay attention to the “profoundly deflationary trends” emerging from the generation x’ers and the millenials. For example, many millenials and generation x’ers are finding it acceptable to be living friends, relatives and roomates. Could this possibly mean a pent up demand for housing, or is this simply the new norm? Only time will tell.
Check out the mortgage interest rates today, before the market changes.