Comments by "worn down" (@worndown8280) on "Banks Attempting to Prevent MASSIVE Mortgage Defaults!" video.

  1. The issue isnt that there is a home affordability issue. Its that the home distribution among the age cohorts is not distributed in a normal way. Right now boomers own 44% of all single family homes. But they dont make up 44% of the population. As they age and die, those assets will move through to the younger cohorts. Going forward as the boomers die and the zoomers come into the market we are going to have a housing glut. Even if you put the zoomers and gen alpha together they do not equal the size of the boomer generation. Right now we are just past peak demand. Its all downhill from here. This will be much larger in places like Europe and Canada where the demographic age cohorts are even more extreme than in the US. It still shocks me how blind most people are about this.
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