Alex DeGrasse

speaker
674 appearances 6 recordings 1 series first heard Sep 2025 last heard 9 Sep

Alex DeGrasse’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Sep OctJan 26AprJulnow

Recordings per month over the last 12 months — 5 in all, peaking in Sep 2026 with 2.

Appearances

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I've just been studying this issue so closely that I know it and have read about it a lot.
The average first-time age, first time, is now 40 years old.
40 years used to be considered getting into middle age, right?
Your life was already quite matured by then regarding home ownership, family formation, all of that, and we're seeing the reverse.
Now, by the way, that number, to put it in context, in only 2021, when Biden took office,
That number was 31 years old.
So we have gone up a decade in only four years.
Why?
Because credit standards are incredibly strict, incredibly tight.
Many of these buyers are all cash or at least largely cash buyers.
And that's one reason why I believe that this current run up in housing prices, there's a lot of folks who try to compare this.
to what happened during the great financial crisis or preceding it, I think it's entirely different.
This is the opposite of no-doc mortgages and those liar loans.
These are tight credit standards.
These are people making, I think, an intelligent decision, people with a lot of money, to say, in an inflationary environment, we want our money
in homes, but it's horrible for young people.
And to also connect this to my polling, I just did a huge poll over 2,000 Gen Z voters, 18 to 25-year-old voters across America.
And I asked specifically about their aspirations on housing, because I've noticed a lot of people my age, a lot of middle-aged people will tell me, hey, Cortez, don't worry about young people buying homes.
They don't want to.
They're a different generation.
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