{"id":15850,"date":"2019-07-28T18:25:42","date_gmt":"2019-07-29T01:25:42","guid":{"rendered":"https:\/\/moneyppl.com\/?p=15850"},"modified":"2019-08-16T04:35:01","modified_gmt":"2019-08-16T11:35:01","slug":"the-1-thing-that-keeps-millennials-from-buying-a-home","status":"publish","type":"post","link":"https:\/\/dev.moneyppl.com\/the-1-thing-that-keeps-millennials-from-buying-a-home\/15850\/","title":{"rendered":"The Real Reasons Millennials Aren’t Buying Homes"},"content":{"rendered":"
There is a lot of talk in the news recently that Millennials do not want to buy houses anymore. The connotation is that the younger generation is simply not interested in investing in real estate. That is simply not true. Many people want to buy a house, they just feel as though they may never have the opportunity to do so. In fact, 79% of people polled said that they believed owning a house was still one of the biggest symbols of success. It is also an essential step in achieving the “American Dream”. <\/span><\/p>\n If Millennials are not buying houses anymore, it shouldn’t take a rocket scientist to figure out why. Many college graduates have so much student loan debt, it may as well be a mortgage payment. And without a huge windfall of money, it simply may not be realistic. If this is true that the next generation is buying fewer houses, what are the reasons, and is that ever going to change? <\/span>Bankrate.com<\/span><\/a> took various survey of Millennial homeowners and renters to see how they feel about their home purchase. And if they do not have a home, why are they choosing to rent instead of buy? <\/span>By the end of this article, you will learn the #1 reason why people are not buying a house. <\/b><\/p>\n