3 ms·
Ownership is important, it's a personal investment. For millenials all of our money is going to the boomers etc we rent from, those of which who do own property
by fennecfoxy 5y ago
Ownership is important, it's a personal investment. For millenials all of our money is going to the boomers etc we rent from, those of which who do own property (because I know many of them don't) make it big on buying when house prices were actually reasonable, then downsize their house in London and get a nice big house build in Spain to retire to.
When millenials reach retirement age, a house, as for all previous generations, is the best option for financial security for retirement/end of life. Fewer and fewer of us will have that option I think.