In a meeting room the size of two football fields, Keller Williams co-founder walked a crowd of 15,000 eager KW agents through an economics and housing market tutorial, starting with interest rates and ending with technology trends.
- Student loan debt is slowing the housing market and the economy, and economic growth is anemic -- 75 percent of recent college graduates are strangled by an average of $363 a month in loan payments.
- Some things about the sharing economy are counterintuitive -- using Uber every day is more expensive than owning a car, Keller noted.
- Online search is not making buyers smarter and may actually result in home shoppers taking longer to find the right home.
The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills