Profile of the Millennial Homeowner

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milenial hb

 

 

 

 

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Source: Housing Wire

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  1. bear_in_mind commented on Jul 1

    Wait, did anyone else catch this?

    “54% of Millennial’s cited that student loan debt is the biggest obstacle when purchasing a home”, but only 35.83% of them report being “college degree borrowers.” FTW?

    Does that therefore infer that nearly 20% of Millennial-aged home buyers are saddled with significant student loan debt, but no college degree to show for their trouble?!

    Ohhhhh…. even the suggestion of that makes me nauseous.

  2. wrongwy commented on Jul 1

    Baby boomers are downsizing. Millennials can’t afford move up housing which is what the boomers are selling.

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