About one third of millennials who buy homes are withdrawing from their retirement savings–or borrowing against it–to cobble together a down payment. The finding comes from a survey conducted by Bank of the West of 600 millennials, aged 21 to 34, as cited by CNBC. For those surveyed who hadn’t yet taken the plunge into home ownership but were planning to, one in five are planning to use their retirement savings. Bank of the West’s […]
source https://therealdeal.com/2018/07/29/the-alarming-way-1-in-3-millennials-are-buying-homes/
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