rent or buy: Millennials: Rent or Own a Home? And "Mr. Wonderful's" thoughts... - 02/05/16 04:29 AM

Recently, on CNBC’s Closing Bell, Shark Tank investor Kevin O’Leary, also known as “Mr. Wonderful,” said Millennials “don’t give a poo-poo about owning a house.” This thinking couldn’t be further from the truth. Let’s give a few examples to make this point. 1.) In the recent National Housing Market Survey conducted by Fannie Mae, it was revealed that:
“…data indicates that millennial renters today have as much desire to own a home as the general population of renters. According to NHS data, the substantial majority of renters age 25-34 say that owning makes more sense than renting from a financial perspective. A majority also agree that owning makes … (2 comments)

 
Rummy Dhanoa, Rummy Dhanoa (New York Real Estate Experts)

Rummy Dhanoa

Rummy Dhanoa

Bronx, NY

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