Tag Archives: millenial

Millennial Buyers Face Tough Housing Market

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As highlighted in the Huffington Post millenials “want to buy homes but there aren’t enough for sale and they cost too much.” Student debt is also a factor.

The article adds that the “share of 25- to 35-year-olds who own homes [has] been falling since 2005 as renting [grows] in popularity” adding that last year 32.3 percent of young people were homeowners, a slight increase from 2016 when it was 32.2 percent. This is “well below the 45 percent in 2005 and the peak of 55 percent in 1980.”

Young Adult Homeownership Infographic

To read the article in full click here.

Millennial Must-Haves: The Price of Youth

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If we know one thing for certain about Generation Z, it is that their diet exclusively consists of avocados, Big Macs and coffee. They shop for blue jeans and sneakers on their brand-new iPhones and only meet up with friends in the real world to Netflix and Chill.

This at least, is what analysts of UBS may believe according to the product basket they compiled in order to measure the cost of living for millennials in different cities around the world. Certainly, even though the surveyed products paint an incomplete picture of a teen’s material necessities, they nevertheless are items which matter to youngsters around the world.

In Hong Kong, teenagers live especially cheap mainly because iPhones, notebooks and sneakers are manufactured just around the corner. New York, Toronto and London rank far below Buenos Aires and Johannesburg, cities with relatively low average living costs.

Millenial Infographic

Millennials Are Leading An Investment Revolution

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Nuveen’s Third Annual Responsible Investing Survey of over 1,000 affluent investors found there is increased interest in working for, buying from, and investing in socially responsible companies. This is even more true among the millennials surveyed.

92% of millennials agreed with the statement “I care more about having a positive impact on society than doing well financially,” compared with only 52% of non-millennials.

Business Insider interviewed a few millennials and asked them what makes their generation different. They said access to information, aligning themselves with brands on social media, and growing up in more comfortable economic circumstances than their parents and grandparents.