Ryan Dezember
speaker
644 appearances
11 recordings
1 series
first heard May 2018
last heard Jun 2024
Ryan Dezember’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · You Make $100,000? It Might Not Be Enough to Buy a Home · 16 Oct 2019
podcast
So that's when you get people moving out of the city into the suburbs.
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They get their nice little suburban home in the subdivision with the nice school near a park or whatever.
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Yes, exactly.
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So the big rental home companies, Invitation Homes and American Homes for Rent, which own about more than 130,000 homes between them, they target that demographic.
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And their typical tenant earns $100,000 a year household income.
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It's usually someone in their late 30s.
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They usually have a child or two or three, a dog, sort of these things that would otherwise compel someone to homeownership and to live that suburban lifestyle.
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And now they're renting it instead of buying it.
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Well, I think when we talk to a lot of people, particularly in Denver, one of the things that people told us is they're just waiting for prices to come down.
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Home prices have surged there.
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They've doubled in the last, call it five years or so.
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Really astounding home price appreciation.
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And, you know, I think people that are of that age and of that income, they're sort of at a point in their career and they're old enough.
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They have the money, but they're just old enough to remember the housing crash and to know sort of the first generation and many to have at the front of their mind that, you know, these things do go down in value.
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It's not a straight shot up.
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And so I think some people are apprehensive about paying top dollar and
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And, you know, realizing, OK, if we pay four or five hundred thousand dollars for a small house, what if we have children?
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We have to sell this.
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What if my job moves me?
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What if I have to find a new job?
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Showing 421–440 of 644 · page 22 of 33
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