Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
House ownership NOT a priority for millennials
As recently presented in a REIN annual meeting, less than 10% of millennials have home ownership as one of their goals in life. (Actually this is good news for us as rental accommodation providers)
They are staying longer their parents and latest stats are pretty telling
We are facing a generation of “pay as you go” ( No loans, ties or long term commitments)
- Amazon prime and Netflix (instead cable)
- CoOp vehicles / sharing (instead loans or leases)
- House and vacation home sharing
I see this new reality as an opportunity, but what’s your take on it ?