08.14.2019 - By Jake & Gino
Rand Partners Podcast - Demographic Shifts with Chris Porter Chris Porter is the Chief Demographer at John Burns Real Estate Consulting and author of Big Shifts Ahead. Key Information: ⢠2 major shifts in demographics ⌠Increase in retirees will grow 38% from 2015-2025 ⌠Younger adults buying their first home later in life ⢠More Renters Now than Ever ⌠Shift to low maintenance lifestyle ⌠⢠4-5-6 Rule ⌠4 Big Influencers ⪠Government Policy ⪠Economic Conditions ⪠Technological Advances ⪠Societal Shifts ⌠5 Stages of LIfe ⪠Young Adults ⪠People Forming Families ⪠People Early in Careers ⪠People Later in Careers ⪠Retiring  ⌠6 Questions the Demographics will Decide to Live ⪠Who ⪠Age Group ⪠What ⪠Buying or Renting ⪠Where ⪠Suburb vs city ⪠Rural vs city ⪠When ⪠Urgency to move ⪠How ⪠Affordability ⪠Why ⪠Moving because of weather ⪠Affordability ⪠Pro business environment ⢠Surban community on the rise ⌠Surban is a mini downtown in the suburbs ⌠Want more conveniences of downtown without the expenses Contact Information: https://www.bigshiftsahead.com/ www.realestateconsulting.com