SAN FRANCISCO (KRON) — In today’s edition of Rob Black’s Winners and Losers, KRON 4’s Mark Danon and financial expert Rob Black discuss the important fact that home ownership has hit a 50 year low. Millennials are renting, keeping demand, and rent prices high.
Following theme, millennials also are deciding to lease cars more and more. A 46% increase in leases has lead to less upfront car buys– Rob advises getting gap insurance. Mark points out you can also convert your lease to a buy.
Finally, gold. Find out where Rob stands on treasury market. Hint, “gold has never had a job.”