Matthew. (2021, August 11). 17 surprising mindset differences between the rich and the broke. Retrieved from https://moneythesimpleway.com/mindset-differences-between- rich-and-broke/ Matthew. (2021, April 12). Personal finance in less than 10 words. Retrieved from https://moneythesimpleway.com/ personal-finance-in-less-than-10-words/ MILLENNIALS ARE CHANGING THE HOUSING MARKE G MARKET AND SO INVESTMENT COMPANIES ARE B ANIES ARE BUYING UP AND RENTING OUT STARTER HOMES Millennials are those people born between 1982 and 2000 according to U.S. Census Bureau that makes millennials’ age range in 2022 to be between 40 and 22 years old. Some of them can afford to purchase homes and most of them continue to rent, which will further aggravate income inequality in the coming years. That’s why investment companies are increasingly buying up and renting out starter homes. This leaves millennials buying more expensive first homes than previous generations did. As a tech-savvy generation, millennials have changed much of the home buying process over the past decades. A generational shift in homebuying is underway, with millennials beginning to purchase residential real estate. Technology plays a big part in millennial house-hunting, with this generation turning to mobile devices to search, view properties, and communicate with real estate agents. With fewer starter homes available, millennials are increasingly buying nicer first homes than previous generations did. During the COVID-19 pandemic, as home showings went solely online, millennials were among the groups buying properties. Millennials as a group tend to prefer to live close to their jobs. Millennials are dedicated to their devices, and for August 15, 2022 Business Article:
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