Millennials are expected to outnumber Baby Boomers 78 million to 56 million by the year 2030. The Millennials (those born 1980-1995, approximately) share some specific desires regarding their housing needs. Some young people can’t qualify for a loan or can’t afford a down payment and must rent. Others can afford to buy a home but opt to rent while they find their place in the…
Millennial Generation: Housing Desires & Rental Needs
Millennials are expected to outnumber Baby Boomers 78 million to 56 million by the year 2030. The Millennials (those born 1980-1995, approximately) share some specific desires regarding their housing needs. Some young people can’t qualify for a loan or can’t afford a down payment and must rent. Others can afford to buy a home but opt to rent while they find their place in the…