Houses are not going to disappear or die out. Over time, supply will catch up with demand through increased housing construction, development and more innovative and alternative concepts of coexistence. These developments for buying a home in the future, while exciting, highlight the enormous overhaul needed for the real estate industry. If you buy too late, for example, you may end up losing additional square feet, a shorter trip, or increases in the value of your home.
The previous bubble came after a period when lenders were more lax in issuing loans and more people were in the market for housing as an investment rather than buying a home to live in. That's why Invisible Homes seeks to disrupt the traditional housing market by offering an easier way to buy and sell off-market homes. So put that strategy aside and try not to think about it if you buy a house and stay there for a while, you'll be better positioned to overcome whatever madness the future may bring. Take them together and you'll end up with more people wanting to buy houses than houses to buy.
That longer lifeline for homeowners means more people can stay in their homes than ever before, which has reduced the number of homes available to buy.
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