Foreclosures | Mortgages | Financing
Despite a decrease in the unemployment rate, it seems there has been no increase in the amount of young adults establishing their own households. The 18-34 age group is largely living with family or “doubling up” with multiple roommates. The rental market will see a large increase when millennials finally decide to move out, but until then, baby boomers are providing much of the demand for apartments.
From:: Property Management
Despite a decrease in the unemployment rate, it seems there has been no increase in the amount of young adults establishing their own households. The 18-34 age group is largely living with family or “doubling up” with multiple roommates. The rental market will see a large increase when millennials finally decide to move out, but until then, baby boomers are providing much of the demand for apartments.
From:: Property Management
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