Skip to Content
November 10, 2021

Millennial Housing Patterns with Hyojung Lee

In this episode, Corey and Steve take a deep dive into millennials housing patterns with an academic researcher, Hyojung Lee. Hyojung is an assistant professor at Virginia Tech University with an interest in housing demographics and urban economics. Together, they discuss how this breadth of data compares to other generations and what we can expect in the future.

  • Chapter 1: 0:00 – Background
  • Chapter 2: 5:51 – What's happening now
  • Chapter 3: 21:30 – Generational comparisons
  • Chapter 4: 33:17 – Impact on affordable housing and looking ahead

Listen to other episodes in the series.


This podcast is for informational purposes, and is not advocacy, legal interpretation, nor a statement of policy. Reference to any specific product or entity does not constitute an endorsement or recommendation by Freddie Mac unless explicitly stated. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Freddie Mac employees are those of the employees and do not necessarily reflect the view of Freddie Mac or any of its officials.

About the Podcast Hosts

Steve Guggenmos

Steve Guggenmos
VP Research & Modeling

Steve leads multifamily research at Freddie Mac. In this role he performs research related to national and market-specific multifamily conditions. His team supports the multifamily business by developing models and quantitative approaches that determine risk-based capital allocations. The models capture loan level risks and also the benefits of the diversification and structural credit support for pools of multifamily mortgages, supporting the core business strategies of Freddie Mac Multifamily.


Corey Aber

Corey Aber
Senior Director of Mission, Policy and Strategy

Corey is the Senior Director of Mission, Policy and Strategy at Freddie Mac Multifamily. In this role, he oversees our Duty to Serve initiatives as well as research and development activities that further our support for affordable housing and underserved markets nationwide.


  • Feedback

    Have a comment or question? Email us to let us know what's on your mind.

    Maximum of 250 characters.

    California residents can review our California Privacy Notice before providing information. For more general Privacy information, view our Privacy Policy.