Friday, August 1, 2008
Gen Y buying homes at a younger age
Generation Y is buying homes at a younger age than their predecessors in Generation X and the Baby Boomers. This, according to McClatchy Newspapers, is a result of the influences that have created an attitude among the generation that they deserve life’s rewards without paying their dues.
The generation is looking for modern, open space homes that are generally smaller than their parents’ homes, according to the newspaper.
The article failed to mention the fact that it is a buyer’s market with low home prices as potentially being a contributing factor.
Generation Y is buying homes at a younger age than their predecessors in Generation X and the Baby Boomers. This, according to McClatchy Newspapers, is a result of the influences that have created an attitude among the generation that they deserve life’s rewards without paying their dues.The generation is looking for modern, open space homes that are generally smaller than their parents’ homes, according to the newspaper.
The article failed to mention the fact that it is a buyer’s market with low home prices as potentially being a contributing factor.
Labels: Baby-Boomer, Gen-X, Gen-Y
¶ 8/01/2008
