As a millennial, I believe that I would pay more for a furnished rental that has quality furniture in it than I would for a place where I have to go out and buy my own furniture and move in it. 

I'm not a youngin' -- I'm 39 -- but I am young enough to appreciate the Millennials desire for content, content, content.

Three things are different this time vs 2007:  the demand is real and growing - 63 million Millennials have finally started buying houses.

Millennials are leaving the cold and dreary east coast for the sun belt in droves.

You sound like a woke millennial.

Of course there is risk with all of it, but you hear about millennial buyers offering cash on properties which is really mom and dad's money, with the expectation that the kid will get a mortgage after closing to pay off mom and dad.  

Hopefully this is a fun “what would you do” RE question for the unique times we all live in:If your goal was to get to $4000/month in income asap or by 2023 and you have/make...50k in cash.200k in stock you’re comfortable liquidating for a smart RE investment.160K in HELOC available from a house-hacked BRRRR you completed.A forever remote full-time W-2You’re comfortable moving anywhere in the U.S with standard lifestyle amenities for a millennial (no podunk middle-of-nowhere class D places - this one’s tricky :-).150k in yearly income (W-2 + annual rental income)...what would you do?

It is driven my Millennials starting to buy houses.

But I would concede that millennials are entering their 30s and 40s.

The Millennial and Baby Boomer demographic are shaping housing trends.