Overall I'm very bullish in the long term prospects of investing in homebuilder ETFs because:
Redfin research claims there's "20 times fewer homes built in the past decade than in any decade as far back as the 1960s." There's simply "not enough homes for millennials, who are the biggest generation, to buy."
In the long term I expect homebuilding ETFs to do great in the next 5 years (which is my general investment horizon). But I'm curious
- how raising interest rates coming in 2022 will affect these ETFs?
- How likely is it that homebuilding ETFs will tank in the next 5 years because Millennials, despite their desperate demand, just cannot make enough money to ever buy new homes?
- What are some Pros and Cons of investing in homebuilding ETFs?
- What are your favorite? I'm considering $XHB and maybe $NAIL.
Submitted August 10, 2021 at 12:22PM by r2002 https://ift.tt/3jJXnRM
