Millennials would rather hoard cash than invest in real estate. Saddled with student loans and facing rising home prices, only 22 percent of millennials see real estate as an ideal investment, according to Inman. Savings accounts and other cash instruments are seen as the best option, the report said, citing a Bankrate survey. Real estate still ranked above gold and other precious metals — as well as cryptocurrencies. The findings are a departure from older […]
source https://therealdeal.com/2018/07/26/cash-is-king-millennials-shy-away-from-investing-in-real-estate/
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