Millennial Housing Crisis: Can They Ever Own Homes? | Kori Hale

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Join us as Wealthion host Eric Chemi and Kori Hale, CEO of CultureBanx, dive deep into the harsh realities millennials are facing in the current housing market in 2024. From navigating the complexities of interest rates, what millennials want when it comes to renting vs. buying, and leveraging assets like your 401K, Kori offers her insights into what the future holds and what decisions may be best for your financial future. Whether you're a first-time homebuyer or looking for your next investment opportunity, this episode is packed with valuable information on making informed decisions in a challenging real estate landscape.

What are your thoughts on the current housing market? Let us know in the comments below!

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Timestamps

00:47 - Is the American Dream Fading?

02:08 - The Impact of Mortgage Interest Rates

04:32 - Government's Role in Housing & Debt

06:36 - The Reality of Home Prices

09:22 - Best Cities for Real Estate Investment

14:03 - Renting vs. Buying: What Millennials Want

17:20 - Leveraging 401K for Home Buying

27:02 - Renting vs. Living with Parents

30:04 - Predictions on Fed Rate Cuts

34:46 - Closing Thoughts & Wealthion Services

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