This week's guest explores how changes in population may impact the overall housing market and also helps dispel some popular "urban myths" that many consider factual. He also believes that a lack of single-family and multi-family construction will keep the market healthy for investors and, while we may see a correction with rising rates, a full blown housing crash looks unlikely.
Mark Hickey is the founder of 4M Rentals. He previously held roles as Economist/Director of Market Analytics for CoStar Group and was a Senior Financial Analyst for Winn Companies. Mark began his career as a fund accountant with Brown Brothers Harriman and JP Morgan Chase. Mark holds an MBA in real estate from Boston College and a BS in finance and economics from Syracuse University.
While a flattening/modest decrease in home prices is likely, don't expect a full blown housing crash. A lack of construction in single-family & multi-family will keep the market healthy for both types of investors but it will be harder for most investors to realize high returns like the ones we saw from 2011-2019.
How to Contact Mark:
Mark can be reached via email at Mark.email@example.com or Mark.firstname.lastname@example.org.
To review Mark's slides from today's discussion, please visit: https://youtu.be/mPElikMNbxM
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