Reasons Millennials DO Want to Buy
July 3, 2012
There's been a lot of press saying Gen Y would much rather rent than buy. But maybe that's not the case. Here are some reasons Millennials might want to buy.
By Jessica Fiur, News Editor
I am an avid reader of the RENTCafe Blog, which has all sorts of interesting entries about apartment living. And recently I came across a blog on their site called “Why We’d Rather Rent Than Buy,” which posed the idea that members of Gen Y would rather rent then buy, citing reasons such as more mobility, the unstable job market and the fact that people are marrying and starting families later in life.
All of these are very reasonable reasons. However, I want to play devil’s advocate for a minute. Millennials don’t necessarily want to rent.
Read some of my reasons why members of Gen Y actually might prefer to buy here.