Millennials Buy Homes for Their Best Friends
Millennials Buy Homes for Their Best Friends https://www.govellum.com/lo/jaycurley/files/2020/04/millennial-s-buy-homes-for-their-best-friends-1024x536-1.png 1024 536 Vellum Mortgage https://secure.gravatar.com/avatar/13d6821c7b52cd7c3d08b17cd7632aaf?s=96&d=mm&r=g
One–third of Millennials had their best friends at heart — dogs, that is — when deciding to buy their first homes. According to an online survey conducted by Harris Poll, only wanting a bigger home and to build equity rather than pay rent to someone else scored higher.
Here’s how the Top 5 rounds out
- Gain more space – 66%
- Build equity – 36%
- Give Max or Bella (the most popular dog names in 2017, according to the American Kennel Club) more room and/or a yard – 33%
- Got/Getting married – 25%
- Had/Having a baby – 19%
Looking ahead, 42% of Millennials who haven’t yet bought homes responded that owning or wanting to own a dog would be a big factor in their home buying decisions.
Source: freddiemac.com
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