Byron Lazine and Nicole White discuss the warning by Million Dollar Listing star Josh Altman, the tug of war between millennials and boomers, what Zillow CEO Rich Barton is saying with his prediction for the housing market and what “back to the basics” really means.

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This episode's sources:

https://www.foxbusiness.com/real-estate/million-dollar-listing-star-warns-ca-mansion-tax-deliver-hardest-hit-since-2007

https://www.inman.com/2023/03/20/the-tug-of-war-between-millennials-and-boomers-heats-up-this-spring/

https://www.inman.com/2023/03/17/zillow-ceo-rich-barton-the-real-pain-is-probably-coming/

Timestamps:

00:00–02:55 Intro

02:55 Topic #1: California mansion tax

08:17 Thoughts on the mansion tax

11:27 Thoughts on property taxes and how they’ll impact inventory

16:22 Topic #2: The tug-of-war between millennials and boomers

23:00 Why the new market won’t save homebuyers

25:26 Topic #3: Zillow CEO Rich Barton says “The real pain is probably coming”

29:14 What “back to the basics” really means

#millennials #interestrates #realestatepodcast