The Impact of Millennials on Home Ownership

This chapter discusses the current real estate market and the impact of millennials on home ownership. It highlights that millennials are the largest generation and are now entering their thirties and looking to buy homes. However, due to a lack of home construction during their high school years, many millennials are living with their parents and not contributing to the home ownership rate. The chapter suggests that if interest rates decrease, these millennials will be eager to enter the market.