Millennials associate recessions with foreclosures. They ask themselves, 'Do I want to have a 30-year mortgage when I lose my job?'
Our 450,000-person market does not operate any differently than how real estate was done in 2010. The billions of dollars pumped into real estate technology the past few years have not affected us in the slightest.
Subprime assets were a pebble in an ocean compared to global assets.