Many thanks to social media’s avalanche of photographs, lots of millennials shop for dream properties they can’t afford to pay for – a aim to be attained fairly than an precise home to purchase.
NEW YORK – The typical price of a home in the United States has greater by additional than $355,000 in the previous 50 many years. Therefore, young people today currently are considerably considerably less very likely to very own a home than their dad and mom were at their age.
Angela Lashbrook, a columnist at Medium’s OneZero, wrote about unforeseen consequence of the decrease in homeownership amid young people today: an obsession with internet sites like Zillow and Realtor.com.
Lashbrook herself fantasizes about owning an apartment she uncovered on Zillow in Brooklyn, the place she at present lives.
“It’s great but it is not a palace,” she said. “And it is beneath a million dollars. Which,