@natale_realtors Are millennials getting screwed again? For the average millenial, it’s been a tough life financially. There hasn’t been a generation so negatively impacted by the economy since the Greatest Generation that suffered through the Great Depression. Many still want to buy homes, however with record high prices and surging interest rates, it’s almost completely unaffordable for many. The underlying demand to own a home is there though. Millennials are the largest buyer pool and the health of the real estate industry, and the economy as a whole, depends heavily on them staying in the market to buy homes. #realestate #firsttimehomebuyer #millenials #realtor #broker ♬ Intentions (Instrumental Version) [Originally Performed by Justin Bieber & Quavo] – Elliot Van Coup
Are millennials getting screwed again?
For the average millenial, it’s been a tough life financially. There hasn’t been a generation so negatively impacted by the economy since the Greatest Generation that suffered through the Great Depression. Many still want to buy homes, however with record high prices and surging interest rates, it’s almost completely unaffordable for many. The underlying demand to own a home is there though. Millennials are the largest buyer pool and the health of the real estate industry, and the economy as a whole, depends heavily on them staying in the market to buy homes.
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