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Will Millennials Fuel Future Housing Demand? Insights from Zonda

We at CCM do more than just invest in strong operating partners. We conduct thorough research into the markets and demographics in which we invest, including closely monitoring millennial trends.

As highlighted in a recent article in Builder Magazine, which cites work from Zonda’s renowned Chief Economist Ali Wolf, “We asked millennials what they did with their savings. While some used the money for home-related expenses, a significant portion is set to fuel future housing demand. We capture this future tailwind through three responses:

  1. Buy stocks/investments. This can translate to future down payments as their wealth grows.
  2. Keep saving as much as I can. This builds their financial cushion for a future home purchase.
  3. Pay down debt. This improves their debt-to-income ratio, making them more attractive borrowers.”

Photo by Alena Darmel from Pexels

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