Oc Housing Connection

To a certain degree, Millennials and their Baby Boomer parents are two halves of the same housing problem which includes high prices, short supplies and few first time homebuyers. For 20 somethings, it's all about getting them INTO a home.  And for Boomers, it's all about getting them to move OUT of their home, or at least get the equity out of their homes (particularly when they need the money to supplement their sparse social security income).  So today, our host Hamid Hamidanchy spends this week's show examining each half of this interrelated housing problem. Millennials are certainly deferring "family formation" much later than previous generations.  And when they do finally start having children, will they still want the American dream of their own home w/a backyard for their kids and safe suburban neighborhoods to play in?  For now, it's anyone's guess.  That's because they are NOT buying homes or even showing any interest in the process.  Instead, they seem to prefer renting in more urbanized areas