Here’s an interesting theory we recently came across: Financial services expert Meredith Whitney was a recent guest on CNBC’s ‘Squawk on the Street’ to discuss why she believes the growth in sports betting has and will further impact the housing market.
Some key points form the interview:
- Sports betting is taking off at an incredible rate.
- Household formation is at its lowest level in 60 years.
- Young men 63% are single – highest rate ever – and 50% have no interest in dating.
- 30% haven’t had sex in over a year and don’t seem to care.
Click here to watch on CNBC.com.
