Slider

Current & Forecast Investing Habits of Millennials, $30 Trillion Dollar Transfer of Wealth Looms

CurrentForecastInvestingHabitsMillennialsPlus30TrillionDollarTransferWealthLoomsManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

Centralization. Globalization. Immigration.

Those three words sum up much of what “the establishment” of both major political parties have actively or passively accepted and/or promoted for decades.  Those three words also help explain how Washington, D.C. has become more remote from the people it is supposed to serve.  Those three words help explain why wages have been stagnant for so many years.

That’s simplicity.

Those words are not considered often enough by millennials, or any other group, in the U.S. today.  But they should be pondered as part of the solution in understanding why the world’s wealthiest nation doesn’t even rank in the top 40 countries on earth in the rate of home ownership.

 

These irksome realities are educational opportunities in disguise. So too are specific items about the millennial generation, that over the next 3 to 4 decades will ‘inherit’ an estimated $30 trillion dollars.  Accenture says that $30 trillion will be the largest transfer of wealth, ever.

Morning Brew and the Visual Capitalist provided the data for the following infographic.  Note the relatively low amount being invested in housing?

Record low numbers of millennials think buying a home is a good investment—here’s why. America’s attitude towards home-ownership is changing. Only 48 percent of millennials (age 21-36) believe that buying a home is a good investment, according to the latest ValueInsured Modern Homebuyer Survey,” per CNBC on Aug 23, 2018.

CNBC provided the following infographic.

MillennialsCNBCHousingConfidenceManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

 

With that vexing tee up, consider the VC/Morning Brew infographic on the investment habit trends of millennials.

InvestingHabitsofMillenialsLargestTransferOfWealthInHistoryLoomsManufacturedHousingIndustryDailyBusinessNewsMHProNews800-768x6342

 

 

These factoids represent monumental opportunities in disguise.  What are you doing to tap it in your market(s)?

 

MostMenAppearnNeverConsideredWhatHouseIsNeedlesslyPoorAllTheirLivesHenryDavidThoreauManufacturedHomeLivingNews
For newcomers to the website not familiar with modern manufactured homes, learn more by clicking the image above or the link here.

As a plug, we know from experience how to attract this audience, and the others, and move them from curious to home owners.  It’s obvious from shipment data that others in our HUD code manufactured and modular home industry either don’t understand how the attraction of millennials are accomplished, or they have some other reason why they’ve left millions stuck in rentals. To learn more about our services, click here.

That’s this morning’s Manufactured Housing “Industry News, Tips, and Views Pros Can Use,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews
To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

 

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews
To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Related Reports:

You can click on the image/text boxes to learn more about that topic.

Production Decline Continues in November 2018 | Manufactured Housing Association Regulatory Reform

Washington, D.C., January 3, 2019 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured home production declined once again in November 2018.

The “Need For Quality Affordable Housing Has Never Been Greater,” Says LT – manufacturedhomelivingnews.com

The headline is missing two words from the original that was provided to MHLivingNews by Lending Tree (LT), via a news media release. Those missing two words? ” In Miami.” While that was accurate, it is equally accurate for the vast majority of the U.S. today, thus our edit of those two words.

Compelling Information for Renters and Manufactured Home Owners – manufacturedhomelivingnews.com

In all 50 states, it is difficult for renters to afford rental housing, based upon a wage of $15 an hour. According to the National Association of Realtors, the typical renter could own a manufactured home for less than the cost of their rent.

15585

Subscribe to the Documented #1

Most-Read - Professional Emailed Headline News

Delivered x2 weekly to your inbox. 

Manufactured Home "Industry News,

Tips, and Views Pros Can Use."   ©

 

Where "We Provide, You Decide."  ©

15856
mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top