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millennials

A collection of 5 posts

57% of Gen Z and millennials struggle to avoid impulse purchases

Per Fortune Over half of Gen Zs and millennials said that they struggled when it came to avoiding impulse purchases. Specifically, 57% of them said that they struggle to say no when it comes to certain purchases made out of impulse. This came as Gen Zs and millennials struggled with

The number of millennials planning to rent forever has gone up

Per Bloomberg The number of millennials that aren't looking to buy homes and plan to rent forever has increased. Three years ago, the number was just one in seven, but now, it is nearly one in four. This came from a survey by Apartment List, which showed how

Millennials have been taken over by the Baby Boomers as the top homebuyers of 2023

Per the National Association of Realtors Millennials used to make up the largest chunk of homebuyers, but in 2023, Baby Boomers overtook them, resulting in 39% of homebuyers this year. Gen Z buyers also saw an increase, reaching 4%. In 2022, baby boomers only made up 29% of home buyers,

Millennial debt reached $4 trillion after increasing by 27% from 2019

CBS News Millennials are now the age group that is responsible for around $4 trillion of the total $16.9 trillion in American debt. The number was a 27% increase compared to millennials' debt in 2019, per Akiko Fujita, a Yahoo Finance reporter, in statements made to CBS News.

95% of Millennials Want to Buy a Home but Fear They Can't Afford It

Per Bloomberg Shortly after the pandemic brought bidding wars among buyers to purchase a home in an under-supplied market, the situation worsened for first-time buyers as interest rates started to hike. While some buyers could take advantage of the historically low mortgage rates, others were left behind and now struggle