Jack and Nick

People aren't buying, people aren't selling homes right now. And the result is that millennials and Gen Z are renting at much higher levels than previous generations at the same age. And that rent, it is historically expensive. What's the data, Jack? Americans are spending a record high percent of their income every month on rent.

On the other hand, Jack, let's head over to that Margaritaville bar down in Texas. What's going on down there? Americans 55 and older own 70% of the country's wealth, which is up from 50% of the country's wealth 35 years ago, according to the Fed. So yet he's added all up, and it is easy to be envious, even resentful, of Boomer Bob playing his third shuffleboard game at his second home.

On the other hand, Jack, let's head over to that Margaritaville bar down in Texas. What's going on down there? Americans 55 and older own 70% of the country's wealth, which is up from 50% of the country's wealth 35 years ago, according to the Fed. So yet he's added all up, and it is easy to be envious, even resentful, of Boomer Bob playing his third shuffleboard game at his second home.

On the other hand, Jack, let's head over to that Margaritaville bar down in Texas. What's going on down there? Americans 55 and older own 70% of the country's wealth, which is up from 50% of the country's wealth 35 years ago, according to the Fed. So yet he's added all up, and it is easy to be envious, even resentful, of Boomer Bob playing his third shuffleboard game at his second home.

But these baby Boomer Boomtowns aren't just sources of generational envy. No, they're not. They're also part of the solution, believe it or not. And that, believe it or not, is our takeaway. So Jack, what's the... I'm sorry. Debbie wants me to get in the pool with her, Jack, and I kind of want to go. I'll be there in a sec, Debbie. They're playing John Cougar Mellencamp again.

But these baby Boomer Boomtowns aren't just sources of generational envy. No, they're not. They're also part of the solution, believe it or not. And that, believe it or not, is our takeaway. So Jack, what's the... I'm sorry. Debbie wants me to get in the pool with her, Jack, and I kind of want to go. I'll be there in a sec, Debbie. They're playing John Cougar Mellencamp again.

But these baby Boomer Boomtowns aren't just sources of generational envy. No, they're not. They're also part of the solution, believe it or not. And that, believe it or not, is our takeaway. So Jack, what's the... I'm sorry. Debbie wants me to get in the pool with her, Jack, and I kind of want to go. I'll be there in a sec, Debbie. They're playing John Cougar Mellencamp again.

It's a whole lot of fun down here. Jack, what's the takeaway for our buddies who are everyone who's a zillennial? Building unaffordable housing is the best way to create affordable housing. So Yetis, Jack and I jumped in T-boy style. And the median home price of Sun City, Texas is actually $500,000. That is not exactly cheap.

It's a whole lot of fun down here. Jack, what's the takeaway for our buddies who are everyone who's a zillennial? Building unaffordable housing is the best way to create affordable housing. So Yetis, Jack and I jumped in T-boy style. And the median home price of Sun City, Texas is actually $500,000. That is not exactly cheap.

It's a whole lot of fun down here. Jack, what's the takeaway for our buddies who are everyone who's a zillennial? Building unaffordable housing is the best way to create affordable housing. So Yetis, Jack and I jumped in T-boy style. And the median home price of Sun City, Texas is actually $500,000. That is not exactly cheap.

But the company behind it, a publicly traded company called Pulte Group, is building 11,000 of those homes. And that is what matters. New houses. Our country needs as many new houses as we can get. We appreciate the push to build affordable housing, but here's the problem. Developers don't want to build affordable housing.

But the company behind it, a publicly traded company called Pulte Group, is building 11,000 of those homes. And that is what matters. New houses. Our country needs as many new houses as we can get. We appreciate the push to build affordable housing, but here's the problem. Developers don't want to build affordable housing.

But the company behind it, a publicly traded company called Pulte Group, is building 11,000 of those homes. And that is what matters. New houses. Our country needs as many new houses as we can get. We appreciate the push to build affordable housing, but here's the problem. Developers don't want to build affordable housing.

No, developers, they prefer building unaffordable housing that's more profitable. But that is actually just as good. Because each boomer moving into Sun City leaves behind an empty home somewhere that's probably more affordable. And that boomer's old empty nest can now become a Zillennial's new full nest.

No, developers, they prefer building unaffordable housing that's more profitable. But that is actually just as good. Because each boomer moving into Sun City leaves behind an empty home somewhere that's probably more affordable. And that boomer's old empty nest can now become a Zillennial's new full nest.

No, developers, they prefer building unaffordable housing that's more profitable. But that is actually just as good. Because each boomer moving into Sun City leaves behind an empty home somewhere that's probably more affordable. And that boomer's old empty nest can now become a Zillennial's new full nest.

Pulte Group is building 11,000 unaffordable homes in Texas, which opens up 11,000 affordable homes somewhere else. So it sounds counterintuitive, but this is how Jack and I think about the housing market. The best way to create affordable housing is to build unaffordable housing. Now time for the best fact yet. This one whipped up by Jack and me.

Pulte Group is building 11,000 unaffordable homes in Texas, which opens up 11,000 affordable homes somewhere else. So it sounds counterintuitive, but this is how Jack and I think about the housing market. The best way to create affordable housing is to build unaffordable housing. Now time for the best fact yet. This one whipped up by Jack and me.

Pulte Group is building 11,000 unaffordable homes in Texas, which opens up 11,000 affordable homes somewhere else. So it sounds counterintuitive, but this is how Jack and I think about the housing market. The best way to create affordable housing is to build unaffordable housing. Now time for the best fact yet. This one whipped up by Jack and me.

According to Zillow, 35% of us would buy a house that's haunted if it meant it was more affordable. That's how tight this housing market is. Here's another one. Nearly 70% of prospective buyers would buy a haunted house if it checked all their boxes. Basically, there is a haunted house premium. Like if you want to sell your house, you might be able to get a higher price if it's haunted, Jack.