Millennial Home Ownership in Large Cities

click for ginormous map

Source: How Much



Last month, I noted the impact of “Millennials leaving the basement to buy homes. This points to a rise in spending on furniture, appliances, electronics and cars that will lift earnings and power stocks.” All of the data since then has confirmed that perception: Home sales among the younger generation are rising, with “peak rental” likely behind us.

The map above via How Much¬†is fascinating — check out the parts of the country that are doing well . . .




Millennials Leave the Basement to Buy Homes (Bloomberg View, November 10, 2017)

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