top of page
Search

THE HOUSING AFFORDABILITY CRISIS FOR YOUNG ADULTS IS FAR WORSE THAN I PREVIOUSLY REPORTED

LESSON: Our Nation must focus on incentives for home ownership and homebuilding to save the economy, the GDP, and the culture of America.


Previously, in our May 2, 2026, Newsletter, I reported how home ownership has beaten 99% of all other investment alternatives for young adults in the history of this great country. But the current environment was making this impossible, and the statistics were terrible.


Reminder, in the last 55 years, the number of U.S. houses have doubled from 70 million to approx. 150 million (2x). But the money supply (the number of dollars floating around due to the insane printing out of thin air) has grown 30x! Therefore, housing costs have risen 15x. Easy math!


Now we find the statistics for young people are even more terrible than previously imagined – of course because of government fraud and manipulation of data.


Emily Peck, a reporter for Axios, recently released statistics showing the homeownership rate in the U.S. is even lower than you think. The Federal Reserve Bank of Minneapolis released data showing that only 22% of American adults under age 35 own their own homes – not the commonly cited 37% calculated by the Census Bureau. The government has been counting adults living with their parents as being homeowners – how dumb, but they got away with it for a long time.


Unfortunately, the last 30 years have proved repeatedly that government statistics are fraudulent data sets provided to manipulate populations and politics. Do not believe any of them and certainly do not make business or investment decisions on this information.


Finally, if the government ever stopped wasting trillions on bombs, fraudulent NGOs, and socialistic redistribution programs, they could provide a long list of new incentives which encouraged homeownership. Encouragement, not giving, is termed Behavioral Economics, or Nudging Economics. This ensures American freedom of choice but helps people make better life/economic decisions (like maybe not having all the candy bars in the checkout line while waiting!)


Tax incentives for purchases, responsible access to loans and capital (not Clinton and Barney Frank policies for people who they knew could never pay), capital gains better treatment or eradication, and a long list of incentives for building contractors and vendors to greatly increase supply to meet that newly-created demand. Plus, as we have discussed, stop Blackstone and other hedge funds buying up the low-priced homes – and many analysts report they are preparing to offload a tremendous number of homes soon as the market pivots – possibly creating another housing disaster.


It’s not hard. Just do the right thing for American citizens, especially young adults, not the politicians, huge corporations, and career entrenched government employees. Support Rugged Individualism and Laissez-Fair Capitalism.


Have a great week!


Speaking Engagements: www.jeffmartinovich.com





 
 
 

Comments

bottom of page