CW 788 - John Burns Real Estate Consulting - Big Shifts Ahead

Jason kicks off this episode with a reminder about the support he and his team gives their clients and his thoughts about the Trump administration and the forthcoming inflation. Guest Chris Porter is the coauthor of Big Shifts Ahead and the Vice President and Chief Demographer at John Burns Real Estate Consulting. Chris explains how demographic issues affect the real estate market, the economy and business cycles.

Key Takeaways:

[1:42] Advocating for clients is what sets Jason and his team apart from other real estate groups.

[7:03] Jason only does business with top-shelf vendors.

[9:14] An upcoming Memphis property tour?

[11:53] The inflationary economy and the real estate market should do well under the Trump administration.

[17:35] Income property is a multi-dimensional asset.

Chris Porter Guest Interview:

[24:05] Chris dives into the new book Big Shifts Ahead: Demographic Clarity for Businesses.

[26:37] Chris lists the nicknames given to generations which were based on the shifts they ushered.

[35:10] A generation is more likely to act like their grandparents than their parents.

[36:06] The impending shadow demand on the housing market.

[38:25] Immigration has fueled one-third of the population growth in the U.S.

[40:41] John Burns Real Estate consulting estimated home ownership will fall below 61% over the next 10 years.

[44:07] Southern markets are offering incentives to businesses for relocation.

[45:42] Defining urban, suburban and rural communities.

[50:16] Surban - Bringing the best urban qualities to a traditional suburban environment.