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Millennials Will Buy All the Stocks (EP.305)
Animal Spirits Podcast
Home Building Stocks Are Back at All 10 Highs
The housing stocks, Lenar, Paul T, D.R. Horton and Shaimana are all back at all 10 highs almost right now. With supply being so low, it's the only game in town for new construction companies. The highest millennial home ownership rate by metropolitan area is nearly 70%. Grand Rapids, Minneapolis, Cincinnati, St. Louis, Pittsburgh, Indianapolis, Detroit have much higher millennial home ownership rates than other cities.
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