Bigger Homes, Fewer Owners: Unlocking the Youth Home-Ownership Gap & Upstate Commercial Momentum
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Bigger Homes, Fewer Owners: Unlocking the Youth Home-Ownership Gap & Upstate Commercial Momentum
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In this episode of The FM Realty Report, Don and I dig into two very different but inter-connected real estate trends shaping markets today. First: the residential front — we’re seeing homes being built larger and at higher price points, but younger buyers are being left out of the ownership equation. Why aren’t we seeing more modest, affordable homes for the next generation? We analyze build-cost dynamics, supply constraints, and the predicament of the “missing starter home.” Then we shift to commercial development, using the recent statewide approvals as a backdrop: from the landmark approval of a two-mile, 345-kilovolt underground transmission line to power Micron Technology’s massive semiconductor campus in Central New York, to the major expansion of Hudson Valley Community College’s campus in Troy and its role in workforce and real‐estate infrastructure. We explore how these big investments ripple into residential markets, land use, and future housing supply. Tune in to connect the dots between residential affordability, generational ownership, and the commercial-infrastructure boom in upstate New York — and what it all means for buyers, developers and investors.
Don - donradke@icloud.com
Roman - romanfmrealty@gmail.com