With delayed home ownership, come hefty rents. The average millennial waits 12 years before buying their first house paying out a little more than $200,000 in rent in the process, according to an analysis from Zillow Group site HotPads. But, as previous reports note, the peak of the generation is beginning to buy homes, so, for landlords looking ahead, the next major wave of tenants will be members of Gen Z, people born between 1998 […]
source https://therealdeal.com/2018/05/27/guess-how-much-millennials-and-gen-z-will-spend-on-rent-before-buying-homes/
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