Dr. Jessica Lautz, NAR’s Vice President of Demographics and Behavioral Insights, recently wrote a blog post common millennial myths and tropes when it comes to their financial behavior and mentality about homeownership.
In it, she writes, “Millennials are faulted with killing off a myriad of things: department stores, paper napkins, ironing, and yes, even doorbells. A quick Google search reveals no shortage of things they have killed. Homeownership and the dream of homeownership, well, that’s not one of them. Let’s tackle some myths about Millennials, spending, and student debt.”
For more research blogs from the NAR team: https://www.nar.realtor/blogs/economists-outlook