Quote:
Originally Posted by BigRedChief
Yeah I call BS. They are putting up 10-30 story condo’s on every block to house all the gen-z that will work remotely down here. Why are they moving? No state tax and the weather, beaches.
I was paying 6% sales tax in Missouri. Now, zero. They are moving from NY or Cali, those tax savings go up considerably.
|
Another reason Im really worried about the suburban housing market in about 10 years. Im not sure who will fill tbese homes. We finally had our first population decline as a country last year. And genz does not value living in the suburbs or having a family quite like millenials and gen x. They are also having less children so a single family home is not as saught after.