In a 2022 survey by Apartment List, a quarter of millennials said they expected to rent forever.
And housing experts say that when it comes to homeownership, millennials are the most screwed generation.
"Millennials have a much different mindset on life in general than the generation before us," Muller told me.
But millennials' housing misfortunes go beyond personal spending habits; they entered adulthood at a terrible time for the housing market.
At the same time the housing market was soaring out of control during the pandemic, people were spending more time at home.
Persons:
Brigette Muller, she'd, Muller, I'm, Franchesca Ramsey, Marco Zamora, millennials, There's, Jim Parrott, Parrott Ryan, Parrott, they've, Caroline Winkler, Winkler, Alexandra Gater, Hattie Kolp, Benjamin Fix, —, Rose Matthes, Matthes, Zamora, messaged, Stardust, she's, Nice, I've, Emily Jensen
Organizations:
TikTok, Urban, Urban Institute, Urban Outfitters, YouTube, New York, GQ, Street Journal, Fashion
Locations:
Greenpoint , Brooklyn, Los Angeles, Cincinnati, Washington , DC, reno, Toronto, New York, San Francisco, Denver, Santa Fe, Poplight, Washington ,, Nice, Philadelphia, New, New York City