While they are the generation of adults who own the fewest homes, those Millennials who do own are tapping into their equity faster than homeowners of other generations. Why? To consolidate their debt, or renovate their homes.
The Goldilocks Mindset
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Staying Put!
Millennials are moving less frequently than older generations were at their age. Of the ones who are, even fewer are moving into their own homes.
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Aspirational, But Practical
All eyes are on the largest generation of adults, Millennials. While their dream home ideals are sky-high, the approach they employ to budgets, goals, home-ownership and renovations shows their well developed practical side.
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Financial Fitness
Across the board, most people see themselves as either financially comfortable or getting by, with fewer respondents saying they are experiencing financial difficulties.
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Eco-Friendly
A majority of people who responded to this MONITOR survey wish brands and businesses would make it easier for them to live an environmentally conscious lifestyle.
