Anthony S. Park

E16 Millennials Prioritize Homebuying Over Marriage and Kids


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Summary

Bank of America’s 2018 Homebuyer Insights Report, surveyed 2,000 millennials, 23-40 years old

  • 80% say retirement is their priority
  • 72% say home ownership is their priority
  • Only 50% say marriage is their priority
  • Only 44% say having kids is their priority

Why?

  • 47% say home ownership makes them feel “mature/responsible”
  • And 47% say it makes them “feel like an adult.”
Links

https://magazine.realtor/daily-news/2018/10/11/millennials-homebuying-retiring-prioritized-over-marriage

https://info.bankofamerica.com/homebuyers-report

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Anthony S. ParkBy Anthony Park

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