Millennials home buyers are shaping up to be a key force in the housing market’s rebound. The group accounts for more than half of all new home loan applications, as it has since last year, according to the Wall Street Journal. A cohort ranging in age from mid-20s to late 30s, millennials are often associated with renting. Fallout from the housing bubble bursting in 2007 and 2008, coupled with student debt, kept many from purchasing.
source https://therealdeal.com/2020/08/27/millennials-fuel-housing-market-recovery/
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