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Millennials are buying a lot more homes than you think

Business Insider - 15 Apr 2018 17:23
Millennials are buying a lot more homes than you think There's a popular myth that says millennials are destined to be a generation of renters. Millennials are actually the reason the homeownership rate has increased over the past year. Birmingham, Alabama has seen the biggest increase in millennial home buying over the past year. It’s a popular myth – the millennial generation is destined to be a generation of renters – avocado toast, anyone? With student loan debt burdens, the scars of the Great Recession, and limited housing supply, the myt...
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