In 2008 during the great recession, people had to leave their rented house because of high prices, and the effect of the recession still affects the decision of Millennials till now. Millennials have a very huge amount of student debt than the previous generation and a competitive labour market, Millennials met a limited opportunity in job prospects and income which also has a great effect on their financial decision which includes acquiring a house.

A survey conduct by rent.com using 1000 renters within the age range of 18 and 34 and they found that 80 percent do not plan to leave the rented apartment. But why?