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post #20 of (permalink) Old 05-25-2008, 07:48 AM
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Exclamation Noah Kass is exactly

Noah Kass is exactly right. A dnbsurtiig trend we're seeing in America is a decreasing number of stable 2-income household formations. A lot of housing experts and economists who are calling for a housing bounce or bottom fail to acknowledge socio-economic developments that are negative for housing in addition to aging demographics. A lot of my male friends aren't married don't want to get married. Kids? 2 kids? You kidding? How many people can truly afford another dependent these days? You cannot under-estimate the psychology that all this unstability and uncertainty is having with the next generation who seem to be averting anything that may be a long-term commitment in a world where flexibility is key.

Last edited by Hal; 04-19-2014 at 07:46 AM. Reason: MxskeZK5E8
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