income: Millennial generation secures second income to pay up mortgages - 08/12/19 01:11 PM
For the past couple of years, we’ve been seeing a drastic decline on mortgage first-time buyers. The millennial generation has been received in the midst of a different financial weather, where securing an income and buying your first house became mutually exclusive.
 
New, younger buyers who depended on external income (that being from friends and parents) are starting to take measures of their own and find alternative ways to pay an independent mortgage.
 
A Redfin poll shows, that in March 2019, the younger generation now prefers to secure a second income instead of borrowing money from their parents, roommates or Airbnb and VRBO … (0 comments)