Most Likely Generation to Buy a Home in the Next Year
2 Replies
Gregory Delmonico
Rental Property Investor from Louisville, KY
posted about 1 year ago
Curious to know the mix of generations likely to purchase homes in the next year?
http://nahbnow.com/2019/11/just-12-of-adults-considering-buying-a-home-within-the-next-year/
William J. Morgan
Rental Property Investor from Roanoke, Virginia
replied about 1 year ago
@Gregory Delmonico I actually saw a news story yesterday morning on CBS morning news that said Millennials are more into renting forever than ever buying a house because 1) They haven’t saved any money up for a down payment 2) They don’t make enough money to try to save for a down payment 3) They have too many school loans, college debt 4) They don’t want all of the extra responsibility of home ownership. If I can find the story , I will try to link it to this page. Obviously as you know already know , the media has been putting millennials into this nice little bubble and saying all these great things 247. They obviously are the biggest generation now here in America so I would figure they want properties that fit their lifestyle or their needs. Hope this helps....
William J. Morgan
Rental Property Investor from Roanoke, Virginia
replied about 1 year ago
@Gregory Delmonico https://www.cbsnews.com/video/nearly-9-million-millennials-expect-to-be-permanent-renters-survey-says/