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Always makes me chuckle, hearing 'boomer'. The article itself or the study it was based on are not that interesting Main points that stood out to me: — Mille
by humbleferret 3y ago
Always makes me chuckle, hearing 'boomer'.
The article itself or the study it was based on are not that interesting
Main points that stood out to me:
— Millennials, despite being the largest generation, own far fewer large homes than empty nesters.(Large homes are defined as having 3+ bedrooms).
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— Empty nesters are financially incentivised to stay in their large homes due to paid-off mortgages and high current housing costs.
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— A mismatch in supply & demand, hindering millennial homeownership.