A new survey says 70% of American adults have delayed or changed a major life decision because of housing costs. Marriage. Kids. Vacations. All on hold.
In this episode, Mikey Taylor and Michael Michalov break down what is happening in the housing market and why the path to your first home may look nothing like it did for your parents. In 1991, the average first-time homebuyer was 28 years old. Today, that number is closer to 40. In markets like LA and San Diego, housing costs can approach a household's entire income. You can't budget your way out of that. So what do you do instead?
Mikey and Michael dig into who is buying homes right now, why the market feels frozen, and the mindset shift that can help put you back in control, building ownership through disciplined saving and investing while you rent, instead of putting your whole life on hold for a down payment.
In this episode:
• The survey: 70% of Americans are delaying life decisions over housing
• Why the average first-time buyer is now almost 40• Who's really buying homes — cash buyers vs. family-funded down payments
• Could a wave of inherited homes reset prices?
• Should you delay kids and marriage to buy a house?
• Rethinking the American Dream: opportunity over ownership
This content is for educational and informational purposes only and should not be considered financial, investment, tax, or legal advice. This is not an offer to sell securities. Always consult a licensed professional before making financial decisions.
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