A boomer explains why his generation hires property managers while millennials DIY repairs. He's done the work himself and shows a chart tracking how older generations are phasing out as younger ones take over, reshaping who handles what.
if you indulge me, dear listener, it's something like this. I could do that myself. Not theoretically, quite literally. I've done that. I've done the maintenance at my property. The thing that just broke, I actually installed myself. This is not a theoretical construct of like, oh God, I gotta look on YouTube, ChatGPT. The gap between the theoretical doing of the work and having done the work is just different for millennials and boomers. I think that that crosscuts a whole host of considerations and not just property management. And also what we see in this chart is that mathematically, generationally, they are going away and the new generations are coming in as you would, you would expect. So you can actually see the mathematical phase out of, of the, the changing of these segments over time. It's happening in real time right now.
