The American dream has been delayed for many millennials. Nine out of ten millennial renters wish to purchase a home but cannot do so in the near future. 😞
According to a recent survey from ApartmentList.com, 72% of millennial renters site affordability as a factor with 62% of those renters pinpointing the fact they have zero savings. An estimated two-third's of millennial renters would require
two decades to save a 20% down payment on a median priced home.
What's the cause? Read the full article (
here).
There is hope for the millennial generation and this can certainly be turned around much sooner than later. Click over to my friend, Dave Ramsey's blog (
here) and find out how.
Reposted by JoAnn Young, Florida Realtor 321-243-4917, JoAnn@MyFLDreamHome.com
