Second only to being able to retire, owning a home is a top priority for nearly three-quarters of millennials.
Like an adult
When do you plan to buy?
In the next 2 years
In the next 3-5 years
In 6+ years
When asked whether owning or renting is more expensive, respondents are nearly split.
Renting long-term will be...
51% Just as or less expensive than buying a home
49% More expensive than buying a home
Yet, nearly seven in 10 say their rent will continue to rise every year or every other year
How frequently do you think
your rent will increase?
Every other year
Every 3-5 years
Every 6+ years
I don't think it will ever increase
A 20% down payment is required to buy a home
I must pay private mortgage insurance if i don't put 20% down
I need to have a perfect credit score to be considered for a mortgage