Welcome to another edition of The Chicks on the Right podcast where we talk to our friend and sponsor of the show, Zach Abraham from Bullwork Capital Management.

And today we're going to talk about home ownership because apparently there was a recent article that said that buying a home now in 2025 is harder than it's ever, ever been.

And in fact, when it used to be just five years ago, you needed to have

an income of about $78,000 in order to be able to afford a typical first time home. Now,

it's jumped 50% where you need to be making upwards of $120,000, while wages have only climbed around 27%.

So you combine like all of the high mortgage rates,

the high prices, all the insurance premiums,

the inventory that's out there right now.

And it's starting to feel, I worry,

for like my kid and for other 20-somethings that home ownership is like pure fantasy at this point.

So what do you think about that?

Is buying a home just going to be totally out of reach for like my kid who's going to graduate from college in three years?

No.

So, I mean, these things occur, right?

First of all, you got to look at it on timelines.

I mean, one of the things that you have to think about is there's going to be a lot of,

the baby boomer generation is getting older every day, right?

And more and more of them becoming retired.

I think something like 11,000 of them retire every single day. Now is the pace that you're on or something on. Yeah, it's pretty crazy. But then you think about it. You're like, you know, baby boom regeneration, I believe is like 80 million people. So, you know, that's a big chunk of people. But anyway, as they age and as they

downsize, as they pass away or whatever, or move into assisted living and all that kind of stuff,

that's going to free up a lot of inventory. But what I do think, though, is that if you're a,

younger or you're trying to purchase a first home,

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