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🗓️ 30 November 2025
⏱️ 12 minutes
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| 0:00.0 | Welcome to another episode of The Chicks on The Right podcast where we have friend and sponsor of the show, Zach Abraham from Bullwork Capital Management with us to talk about things related to the money world. And there is a new report. This is hot off the presses from the National Association of Realtors, and we've known this, |
| 0:21.0 | we've actually been talking about this on our show a little bit, |
| 0:23.2 | that the median first-time home buyer in 2025 is 40, |
| 0:30.1 | which is the oldest it's ever been. |
| 0:32.2 | Like back in 1991, people were buying their first places in their late 20s. |
| 0:36.6 | And even in 2020, it was 33 which is |
| 0:39.4 | seven years younger so why I mean I know you know people are drowning in their student loans |
| 0:46.2 | they've got high rent and high costs of stuff but like is this really going to be the new normal now |
| 0:53.1 | oh man I you know yes and no um Like, is this really going to be the new normal now? |
| 0:54.8 | Oh, man. |
| 0:57.5 | I, you know, yes and no. |
| 1:00.0 | I mean, eventually these things. |
| 1:06.9 | So you have the, you have an incredible amount of inventory owned by baby boomers, right? So think primary houses, think secondary homes, vacation vacation homes all that kind of stuff right so |
| 1:12.1 | the baby boomers are the most wealthy generation biggest up up until the millennials the biggest |
| 1:18.5 | generation by far the wealthiest generation in the history of the country so as those baby boomers |
| 1:23.9 | age right through liquidation of estates, through passing on the assets |
| 1:28.8 | to kids who will turn around and sell those assets, you're going to, you're going to, |
| 1:34.0 | you're going to get more supply out on the market. |
| 1:38.8 | Unfortunately, and here's kind of the crazy place about where we're at. |
| 1:51.0 | Unfortunately, all of this stimulus, right, zero percent interest rates for 13 years and, you know, all the different things that they've done, the COVID and all that stuff, |
| 1:57.1 | all that stuff has been wonderful if you owned an asset. |
| 2:02.2 | It's been horrible if you didn't, right? |
... |
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