Millennials, those in the 18-34 years age bracket, are investing in real estate. No, not to live in but to collect rent and garner some appreciation in value. So reports the New York Times,
For all the talk about the so-called millennial generation — often defined as those between ages 18 and 34 — being slow to move toward homeownership, some young adults are, surprisingly, drawn to real estate as an investment opportunity.I find this phenomenon interesting. What do you think?
Read the full report.
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