Jun 14, 2016
PLUS: More excuses for Millennials not becoming buyers.
In todays show we are going to look at an interesting project that has been completed in New York. That is one of the first efforts in creating micro-homes. These are ridiculously small homes designed to help address the lack of housing in New Yorks market place. These places are smaller than most studios you have ever seen, so be ready for some interesting use of available space.
While these units a small, they remain pricey - well, outside of New York they would be pricey anyway - with prices ranging from $2,500 to about $3,400. You may not find a place you want to live in, but if this experiment works, it could be avery interesting option for investors.
Plus we will take a few minutes to talk about some new reasons being floated on why Millennials are not jumping into the market.
To participate in the weekly survey or to check out links to the articles discussed in todays show, head over to http://www.therebelbroker.com and review the show notes.