Though some people may consider a dream home to come with a garage, hardwood floors, and the most quiet neighbors in history, truth be told, simply owning a home could be a millennial dream come true for some.
According to a 2015 "Millennial Homeownership" report from the Urban Institute, a Washington, D.C.-based think tank that does economic and social policy research, the biggest factors holding millennials back from homeownership were delayed marriage and, of course, student loan debt. The report says that the homeownership rate of millennials is about eight percentage points lower than that of two prior generations (Gen X and Baby Boomers) when they were in the same age bracket.
Yet, despite all of this, millennials still want to become homeowners—and 36.8 percent of them already are, according to third quarter of 2018 data from the U.S. Census Bureau data. If you're in the 63 percent who don't own property, you may be interested in hearing from fellow millennials who accomplished the seemingly impossible. I've talked to five different millennial homeowners to see how they did it. (Just a caveat, these are first person stories — not necessarily financial advice, so talk to a professional to see what works for you!)
First up, Ashley Coleman, 32, who works in the music industry:
from Apartment Therapy | Saving the world, one room at a time http://bit.ly/2FEpdgJ
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