As he's noted yesterday, he knows as much about housing as anybody because that in many respects was part of his portfolio and career. And he understands that We've got to reduce the age of the average first-time home buyer from in their 40s to their early 30s. and get back to some sensible market conditions. Now he also points out that interest rates are a major factor in that. (43:06–43:17)
CLAIM
Asserts the need to reduce the average age of first-time home buyers.
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