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Monday, February 12, 2018

Millionaire: Millennials, Buy a Home!

Those of us who are well past early adulthood often look at the Millennial generation with a sense of consternation. You know the stereotypes. The young and entitled, living in their parents’ basements, working in gourmet coffee shops and gaming until the wee hours.

While it may be good for a laugh, the Millennial generation is proving that bucking trends and disrupting the corporate world are not bad things. They are capable, resilient, and valued by their employers. However, in a recent CNBC interview with David Bach, co-founder of AE Wealth Management and author of multiple New Your Times Best Selling books, suggests that one trend may ultimately be hurting Millennials: they aren’t buying homes.